Decentralized finance (DeFiThe total value locked in the ) protocols ( TVL), showing signs of recovery after three bank collapses in the US.
DeFitotal locked value in protocols Silvergate, Signature BankAnd Silicon Valley Bank It fell to a two-month low following the collapse of . It is seen that the total values locked in the latest data published are in the recovery phase. DeFi LlamaThe data shared by DeFiTVLof 1.3 percentincreased by the time of this writing. 47.88 indicates billions of dollars. to this figure March 12the lowest level in the last two months in 42.9fell to billions of dollars and most recently FireplaceIt was seen in the middle of the month.
Lido Finance Dominates
DeFi LlamaAccording to DeFi, the upward momentum started earlier this year and February 21three-month high in 51.29 reached billions of dollars. Moreover, Lido Finance It tops the TVL list with a value of $10.07 billion. Shared data, protocol TVLalmost in the last 30 days 25 percentshows the increase. Lido Financetotal now DeFion value 21 percentIt has dominion.
USAbank collapse, total DeFiTVL It is seen as one of the major reasons behind the recent decline in . In the past month, decentralized protocols have witnessed notable attacks and from $21 millionlost too much money.
Even though March is only two weeks away, hackers March 13took place in $197 millionIt stole nearly $200 million worth of assets from DeFi protocols, including the Euler Finance attack.
