During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down more than 67% lower to today’s $51.72 billion. TVL Dropped More Than 67% in 6 Months, Defi Market Action Remains Vapid for 4 Months Defi action has subsided a great deal in terms of the total value locked during the last six months. On Saturday, October 22, 2022, the TVL in defi is around $51.72 ...
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