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.
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.