DeFi TVL tops $100 billion for first time since May 2022

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Cointime2024/03/06 01:06

By:Cointime

According to data from The Block dashboard, the total locked value (TVL) of decentralized finance (DeFi) protocols has surpassed $100 billion for the first time since May 2022, reaching $101.36 billion, with the lending sector accounting for $32.62 billion (32.2%), decentralized exchanges for $19.97 billion (19.7%), collateral debt positions for $12.22 billion (12%), and repledges for $10.06 billion (9.9%). The last time DeFi's TVL exceeded $100 billion was on May 11, 2022, when DeFi TVL was $112.67 billion.

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