DeFi continued to boom last week. According to CoinGecko, the top 100 DeFi tokens’ market advanced from $92.2B on Monday to $102.3B at the time of writing. Their dominance in the crypto space currently sits at 5.6%.According to DeFi Pulse, the total value locked (TVL) also ballooned from $70.4B to the current level of $77.4B. Around 9.4M ETH and 196.0K BTC are locked in DeFi respectively at the time of writing.Overall, the price and volume indices increased by 14.2% and 8.2% respectively, while the volatility index plunged by 40.3%.
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Crypto.com Weekly DeFi Update (Week 31…
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DeFi continued to boom last week. According to CoinGecko, the top 100 DeFi tokens’ market advanced from $92.2B on Monday to $102.3B at the time of writing. Their dominance in the crypto space currently sits at 5.6%.According to DeFi Pulse, the total value locked (TVL) also ballooned from $70.4B to the current level of $77.4B. Around 9.4M ETH and 196.0K BTC are locked in DeFi respectively at the time of writing.Overall, the price and volume indices increased by 14.2% and 8.2% respectively, while the volatility index plunged by 40.3%.