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Defi’s TVL Declines by Billion in April Despite Growth in Bitcoin and Newer Blockchains
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Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains

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Defi’s TVL Declines by Billion in April Despite Growth in Bitcoin and Newer Blockchains
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Source: Bitcoin.com

News Bytes - 12The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance and Solana. Despite the overall downtrend, Bitcoin, Base (a Layer two blockchain […]

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Author: Bitcoin.com

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