Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value lockedApproximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billionLido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi protocol in terms of … [Read more...] about Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
TVL
Terra (LUNA) hits record $20B TVL, surpassing Binance Smart Chain
Terra (LUNA), an open-source stablecoin network, hit an all-time high of $20.05 billion in total value locked, or TVL, across its 13 product offerings, according to industry data. On Dec. 1, Terra's TVL was at $11.9 billion, signifying a 68% increase in less than a month. This means that the platform's users are investing in large quantities into the protocol to receive staking … [Read more...] about Terra (LUNA) hits record $20B TVL, surpassing Binance Smart Chain
Footprint November Monthly Report: DeFi TVL surpasses $288B, NFTs stall
In the month of November, DeFi’s Total Value Locked (TVL) surpassed a record high of $288 billion, up by 32.7% MoM, and Bitcoin and Ethereum surpassed previous all-time peaks.Although NFT trading activity slowed, it has not affected fundraising in the sector.BTC, ETH hit record highsFootprint Analytics: BTC Price and Trading Volume TrendsFootprint Analytics: ETH Price and … [Read more...] about Footprint November Monthly Report: DeFi TVL surpasses $288B, NFTs stall
Terra (LUNA) is in full expansion with over $1.9 billion in TVL
Blockchain project Terra and its native token LUNA have quickly moved from the sidelines to the forefront of DeFi. With over $1.9 billion in TVL, it’s the fifth largest blockchain project, trailing closely behind Avalanche.With several major fundamental developments underway, LUNA saw its price increase by over 50% in the past week, with industry insiders believing that this is … [Read more...] about Terra (LUNA) is in full expansion with over $1.9 billion in TVL
Ethereum layer two TVL reaches all-time high
The total value locked (TVL) on Ethereum layer two (L2) networks has surged to a new peak as gas fees continue to steadily rise driving further adoption. Layer 2 analytics platform L2beat currently reports that the total amount of value locked across various L2 protocols and networks has reached an all-time high of $5.64 billion. L2 scaling solutions provide much higher … [Read more...] about Ethereum layer two TVL reaches all-time high