Bitcoin (BTC) $100,776.87 -3.02%
Ethereum (ETH) $3,271.04 -4.64%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 155.70657 -3.64%
Cardano (ADA) $0.52 -4.62%
Chainlink (LINK) $14.43 -4.73%
Litecoin (LTC) $86.28 -2.38%
Dash (DASH) $113.86 5.61%
Helium (HNT) 2.319213 0.51%
Polygon (MATIC) 0.25693 2.45%
X-CASH (XCASH) 2.0E-6 -48.86%
Dogecoin (DOGE) $0.00 -0.08%

Cryptocurrencies: 27846

Markets: 116350

Market Cap: $3,350,465,516,360

24h Vol: $162,289,815,217

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2022-12-12 18:30:05

Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021, to today’s aggregate. Smart Contract Token

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