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Users withdraw funds from DeFi. Total value locked (TVL) in decentralized finance services has fallen by 70% from its peak. Which blockchains are still leading the market?
The outflow from the decentralized finance sector, or DeFi, is already in the hundreds of billions. If at the peak in November 2021 the total value blocked by users (TVL) for DeFi applications was $303.9 billion, then in September 2022 it was only $96.3 billion. Thus, the market losses are 70%.
The lowest value was recorded in June – then only $ 91.7 billion remained on the market. In the future, a slight rise was recorded, followed by another decline.
Over the past 30 days, the decline was 10% – from $ 106 billion to $ 96.3 billion.
The market is still dominated Ethereum. His TVL is $56.3 billion, or 58.46% of the total. 2nd and 3rd place – Tron and BNB Chainaccounting for $11.9 billion and $8.6 billion.
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