
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. 今日, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 小時.
Value Locked in Decentralized Finance Falls Short From Tapping $100 十億
On August 2, 2022, the value locked in decentralized finance (defi) protocols is around $86.22 十億, according to defillama.com metrics. Makerdao dominates the pack by 9.67% with the protocol’s $8.34 billion locked.
Today’s defi TVL is down 3.34% but the value has been steadily rising since the low of $69 billion recorded in mid-June. The TVL has seen a 24.95% rise since that low in mid-June and the value locked managed to reach $89.84 billion on July 29.

Out of all the defi supporting blockchains, Ethereum is still the dominant leader capturing 65.20% of today’s TVL with approximately $55.84 billion locked on August 2. Binance Smart Chain (BSC) follows Ethereum with $6.64 billion locked which equates to 7.75% of the $86.22 十億.

Tron is the third largest today in defi, 同 $5.78 billion locked, which represents around 6.75% of the TVL in defi. While Makerdao is the largest defi protocol, the application’s TVL rose by 5.91% this past week.
Instadapp, Lido Capture Double-Digit Monthly Gains — Cross-Chain Bridge TVL Slides More Than 60% This Past Month
Seven-day statistics show that out of the top ten largest defi protocols in terms of TVL, Instadapp saw a 27.38% increase. The liquid staking defi protocol Lido jumped by 13.63% this past week and Convex Finance saw an 11.18% increase.
All of the top ten defi apps saw TVL gains this week and also saw gains during the past 30 days. Instadapp, which is in the tenth position, saw a 49.14% monthly TVL increase, and Lido’s TVL swelled by 44.50% over the last 30 days.
The cross-chain bridge ecosystem has cratered as 30-day statistics show that it’s down 60.4% and the Nomad bridge exploit contributed to this month’s losses. The smart contract platform token market capitalization today is $333 十億, which is a 2.2% drop in the last 24 小時.

The biggest smart contract platform token gainers during the past week were ethereum (ETH) and ethereum classic (ETC). ETH jumped 10.5% and ETC increased 54.9% against the U.S. dollar. Besides ETC, neblio (NEBL) jumped 121.5% this past week and oasis network (ROSE) increased by 72.5%.
What do you think about the recent decentralized finance (defi) market action and the cross-chain bridge TVL plummeting? 請喺下面嘅評論部分話畀我哋你對呢個主題嘅看法.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Maximumhorrors.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, 直接或間接, 因使用或依賴任何內容而造成或聲稱導致或與之相關的任何損害或損失, goods or services mentioned in this article.
Read disclaimer