DeFi
Defi TVL exceeds $100 billion for the first time since May 2022
For the first time in almost two years, the total value locked in defi protocols exceeded $100 billion, reaching $101.3 billion.
Loans accounted for $32.6 billion, or 32.2% of the total, with decentralized exchanges at $19.97 billion or 19.7%, collateralized debt positions at $12.22 billion, 12%. , and repurchase activity at $10.06 billion, 9.9%.
All-time TVL by category from The Block
The previous instance where the TVL challenge exceeded $100 billion occurred on May 11, 2022, with a TVL of $112.67 billion, as reported ChallengeLlama.
At the same time, more than 31.5 million Ether, valued at approximately $115 billion and constituting 26% of the total Ether supply, was staked on the Ethereum blockchain.
1-year Defi TVL chart from DeFiLlama
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