Defi TVL surpasses $100b for 1st time since May 2022

nexninja
1 Min Read

For the primary time in practically two years, the entire worth locked in defi protocols surpassed $100 billion, reaching $101.3 billion.

Lending represented $32.6 billion, or 32.2% of the entire, with decentralized exchanges at $19.97 billion or 19.7%, collateralized debt positions at $12.22 billion, 12%, and restaking actions at $10.06 billion, 9.9%.

Defi TVL surpasses $100b for 1st time since May 2022 - 1
All-time TVL by class from The Block

The earlier occasion when defi TVL exceeded $100 billion was on Could 11, 2022, with a TVL of $112.67 billion, as reported by DefiLlama.

Concurrently, over 31.5 million Ether, valued at roughly $115 billion and constituting 26% of the entire Ether provide, has been staked on the Ethereum blockchain.

Defi TVL surpasses $100b for 1st time since May 2022 - 2
1-year Defi TVL chart from DeFiLlama


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