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DeFi sector TVL rises as investors return to a bullish crypto market -Breaking

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It has been a month with two halves in March for cryptocurrency markets. And the strength that was evident since the beginning of the year is slowly starting to diminish. Bitcoin‘s (BTCA strong rise above $40,000 is helping lift sentiment in the sector, while Decentralized Finance (DeFi), tokens are also starting to climb.

Crypto Fear & Greed Index. Source: Alternative.me

Messari’s data shows that the majority of top DeFi tokens have experienced double-digit gains in the past thirty days. The most notable is THORChain(RUNE), which saw a 199.81% increase, and Aave.AAVEThe price of ) has increased 53.95%

The top 12 DeFi assets. Source: Messari
Total value in DeFi. Source: Defi Llama
Over time, total DeFi users. Source: Dune Analytics
Volume of the DEX weekly. Source: Dune Analytics
Based on total daily revenue, the top dApps are listed. Source: Token Terminal