DeFi continued to grow last week. According to CoinGecko, the top 100 DeFi token market surged from $118.3B on Monday to a local high above $125.2B on Saturday. Their dominance in the crypto space currently sits at 5.81%.According to DeFi Pulse, the total value locked (TVL) also reached a 3-month high of $84.7B on Saturday. Around 9.7M ETH and 194.1K BTC are locked in DeFi respectively at the time of writing.Overall, the price and volume indices increased by 1.41% and 22.37%, while the volatility index decreased by 15.43%.
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Crypto.com Weekly DeFi Update (Week 33…
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DeFi continued to grow last week. According to CoinGecko, the top 100 DeFi token market surged from $118.3B on Monday to a local high above $125.2B on Saturday. Their dominance in the crypto space currently sits at 5.81%.According to DeFi Pulse, the total value locked (TVL) also reached a 3-month high of $84.7B on Saturday. Around 9.7M ETH and 194.1K BTC are locked in DeFi respectively at the time of writing.Overall, the price and volume indices increased by 1.41% and 22.37%, while the volatility index decreased by 15.43%.