Reading time: ~ 2 m
TVL in decentralized protocols is down 15% in two weeks.
TVL – the total value blocked by users in DeFi services – decreased by 15.63% from December 1 to December 17. Even with the arrival of December, the figure was $ 275 billion, but right now it is more modest $ 232 billion. The leader in TVL – Curve – which controls almost 10% of the cost.
Today, DeFi tokens account for about 5% of the entire crypto economy. In more specific terms, this is $ 132.6 billion out of a total $ 2.28 trillion.
Terra (LUNA) is the leader in the decentralized finance market – the capitalization of this ecosystem is estimated at almost $ 24 billion. The most profitable for investors last week were Yearn.Finance (YFI) and Convex Finance (CVX) – the coin quotes jumped 33% and 26%, respectively.
Uniswap remains the largest decentralized exchange, with $ 2 billion worth of tokens changing hands every day. 2nd place is held by DEX PancakeSwap. And the total volume of transactions per day is on average $ 6.2 billion.
#DeFi #Investments #Decline
