In the first four days of the new year, the total locked-in value (TVL) in decentralized finance (defi) increased by 4% from USD 245 billion on January 1, and increased to USD 255.84 billion three days later. Although the defi agreement Curve Finance dominates with a TVL of USD 24.44 billion, Convex Finance is close to the dominant position with a price of USD 21.27 billion. At the same time, among several blockchains, Ethereum dominates with 62.91% or 160.96 billion US dollars in the total locked up of 255.84 billion US dollars today.
In the first 4 days of 2022, Defi TVL will grow by 4%
Funds are flowing back into decentralized finance (defi), and the value of some defi tokens is inflating. Statistics from defillama.com It shows that the TVL in defi hit a low of $228.13 billion on December 11, and its value has risen by 12.14% since then. On the first day of 2022, the TVL in defi was US$245 billion, a 4% increase so far, reaching US$255.84 billion on Tuesday.
USD 255.85 billion comes from many blockchains, such as Ethereum, Terra, Binance Smart Chain (BSC), Avalanche, Solana, Fantom, Tron, Cronos, Polygon, Arbitrum, Harmony, Waves, Ronin, Heco, Thorchain, Near, Smartbch, Elrond, and penetration.
Ethereum’s TVL The current amount of 383 agreements is 160.96 billion U.S. dollars, followed by Terra’s only 14 defi agreements at 19 billion U.S. dollars. BSC received 16.57 billion US dollars in funding through 263 defi agreements on Tuesday.
Although Terra and BSC are the second and third largest defi TVLs, they only account for 22.09% of the locked value of the Ethereum defi protocol today. Last week, Terra’s TVL increased by 1.98%, but Fantom rose by 28.96% to $6 billion, while Osmosis soared by 40.43% and broke through the $1 billion area.
Curve dominates Defi with a TVL of 9.55%, Fuse jumps by 183%, and the top 7 smart contract networks see weekly losses
index It shows that Curve occupies the largest TVL in today’s defi, spanning seven different chains, with USD 24.44 billion and a dominant position of 9.55% among the locked USD 255.84 billion. Curve is followed by Convex ($21.27B), Makerdao ($18.28B), Aave ($14.62B), Lido ($12.48B), WBTC ($12.11B) and Instadapp ($10.88B).
Today, should TVL in the cross-chain bridge The total amount to Ethereum is 24.67 billion USD, a change of 1.5% in 30 days. The number of unique addresses of TVL across the chain bridge within 30 days was 87,855.
Polygon Bridge topped the TVL list with $6.6 billion on Tuesday, while Ronin’s $6.1 billion. Followed by Avalanche ($5.8B), Arbitrum ($2.8B), Fantom ($1.4B) and Optimism ($538M).Top seven Smart contract blockchain platform Last week, market valuations fell 3.2% to 12.5%. The seven smart contract blockchain platforms include Ethereum, Solana, Cardano, Polkadot, Terra, Avalanche and Polygon.
At the same time, the eighth to tenth largest smart contract networks Chainlink (+5.3%), Algorand (+3.2%) and Near (+12.6%) have risen for 7 consecutive days. This week’s largest 7-day increase in the smart contract network was the 183.6% rise of FUSE against the US dollar.
Enigma (ENG) is up 48.8% in 7 days and velas (VLX) is up 35.7% this week. Velas Network AG is just cooperating Cooperated with Ferrari, an Italian luxury sports car manufacturer. The biggest smart contract platform loser this week was a 49.8% drop in the value of the POA network (POA), followed by a 37.8% drop in the cypherium (CPH) within 7 days.
What do you think of the recent defi operation last week? Please tell us your thoughts on this topic in the comments section below.
Image Source: Shutterstock, Pixabay, Wiki Commons, defillama.com,
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