Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels – Defi Bitcoin News
September 3, 2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021.
Crypto Winter’s Grip on Defi: TVL Stumbles to $37 Billion
The total value locked in defi is on a…