DeFi Total Value Locked on Ethereum and Other Chains Decreasing to ‘Alarming’ Levels: DappRadar Report

DeFi Total Value Locked on Ethereum and Other Chains Decreasing to ‘Alarming’ Levels: DappRadar Report

Alt coin
September 10, 2022 by secret
185
[ad_1] A new DappRadar report is sounding the alarm over the sharp decrease of capital residing in the decentralized finance (DeFi) subsector. The report highlights that the total value locked (TVL) in the DeFi space witnessed a massive 70% decline in just eight months. According to the data acquisition and analysis firm, DeFi’s TVL hovered