DeFi consolidated last week. According to CoinGecko, the market capitalisation of the top 100 DeFi tokens retreated from the 90-day high at $129B on Tuesday to $120B on Friday, recovering to $126B at the time of writing. Their dominance in the crypto space currently sits at 5.82%.According to DeFi Pulse, the total value locked (TVL) also retracted from the high of $85.9B to $82.1B. Around 9.8M ETH and 195.7K BTC are locked in DeFi respectively at the time of writing.Overall, the price, volume, and volatility indices decreased by 4.99%, 16.55% and 0.41% respectively.
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Crypto.com Weekly DeFi Update (Week 34…
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DeFi consolidated last week. According to CoinGecko, the market capitalisation of the top 100 DeFi tokens retreated from the 90-day high at $129B on Tuesday to $120B on Friday, recovering to $126B at the time of writing. Their dominance in the crypto space currently sits at 5.82%.According to DeFi Pulse, the total value locked (TVL) also retracted from the high of $85.9B to $82.1B. Around 9.8M ETH and 195.7K BTC are locked in DeFi respectively at the time of writing.Overall, the price, volume, and volatility indices decreased by 4.99%, 16.55% and 0.41% respectively.