DeFi Market Continues To See Red, Cardano’s Top Dapp Ranks 160th -Breaking
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DeFi Market Continues To See Red, Cardano’s Top Dapp Ranks 160th- Current DeFi market TVL value is $133.34 million.
- AAVE still gets the lion’s share in TVL.
- TVL fell 62% from the all-time peak.
DeFi continues to suffer as its total value locked (TVL), is still down by 5.63% over the past 24 hours.
Even after hitting $289.22 trillion in TVL in April, the sector is still struggling. The DeFi market currently has a TVL value of $133.34Billion. That includes staked governance tokens and other LP tokens as well as borrowed coins for lending protocols.
DeFi TVL aggregator DeFi Llama lists AAVE, MakaderDAO O (MKR), Curve CRV), SushiSwap (SUSHI), Lido (LDO) as its top five TVL ranking.
AAVE saw a negative 0.3% one-day change and has logged $12.18 billion TVL. DeFi Lama has calculated that the top dapp enjoys a dominance rate of 9.13%. AAVE dropped 35.05% in the last month, according to the data at the time of this writing.
AAVE is lagging by a…
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