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DeFi TVL Drops $9B

TVL drops

DeFi TVL dips as Bitcoin dips from $60K to $56K

Total Value locked in Defi has seen a drop in the last 2 days.  According to Defi Llama $9B TVL was lost in the last couple of days. 

https://defillama.com/home

MakerDao total value locked (TVL) now $9.13B dominating the TVL space with a market dominance of 8%. Aave trailing behind with $8.79B. 

Top coins like UNI, LUNA, Aave, Cake coin price also dips. 

DeFi is highly experimental and exists in a regulatory grey zone but It is here to stay.

Mark Cuban compares Defi as the early days of internet in one of his interview.

Defi is not going anywhere.

 

 

 

 

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Kus Gan
Kus Gan

Crypto Researcher


Crypto-Chocolate-Box
Crypto-Chocolate-Box

Bought the top and hodl through the bear market until the bulls appear. Crypto lover, Hodl, Staker, Farmer, and a Degen.

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