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The Daily Hodl 2023-08-28 16:55:15

$170,000,000,000 in Deposits Leaving the Decentralized Finance (DeFi) Ecosystem, Says IntoTheBlock

New data from IntoTheBlock shows the extent to which decentralized finance (DeFi) has been hit by the crypto bear market. The blockchain analytics firm says in a new report the total value locked (TVL) in DeFi is now at its lowest since February 2021 after approximately $170 billion in deposits left the sector. TVL refers The post $170,000,000,000 in Deposits Leaving the Decentralized Finance (DeFi) Ecosystem, Says IntoTheBlock appeared first on The Daily Hodl .

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