The total-value locked (TVL) in DeFi protocols is $192.42 billion up 5.28% since January 23.
A week ago today, the TVL in defi dropped under the $200 billion mark and hit a low of $182.76 billion on January 23. Since then, the TVL has increased by 5.28% to $192.42 billion, according to Sunday’s defillama.comCurve Finance, which is available on eight different blockchain networks commands a dominance of 9% amid the $192 billion TVL with $17.31 billion locked. Curve’s TVL, however, shed 11.21% in value during the course of the week.
The $117 billion locked among 509 Ethereum defi protocols equates to 60.80% of the entire defi TVL on January 30, 2022. Furthermore, Terra’s blockchain has around 17 defi protocols and is the second-largest blockchain, in terms of TVL in defi today. Terra has $13.17 billion locked and the UST staking protocol Anchor commands 53.38% of Terra’s TVL. Binance Smart Chain is holding down the third-largest TVL position with $12.08 billion locked. The BSC defi protocol and decentralized exchange Pancakeswap’s $4.26 billion captures 35.22% of the TVL in the BSC’s defi platforms.
One of the biggest seven-day gainers in terms of defi TVL held on a blockchain was Polkadot’s 47.89% climb. DOT currently has the tenth largest defi TVL with $1.24 billion locked.jumped 13.5% during the last 30 days according to Dune Analytics statistics. At the time of writing on January 30, 2022, there’s $19.95 billion locked into cross-chain bridge platforms with Polygon commanding the top bridge TVL.
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