The total value locked (TVL) across DeFi projects has experienced a resurgence after teetering below the $40 billion mark last week.
According to data from DeFi TVL aggregator DefiLlama, the DeFi market cap is currently valued at over $41 billion, with approximately $1.6 billion in trading volume over the past day.
The surge indicates a daily rise of around 6%, accompanied by a 6.39% increase in trade volume.
Among the top DeFi tokens, Chainlink (LINK) has emerged as one of the biggest winners of the week, experiencing a more than 4% increase in value.
However, other coins like Synthetix (SNX) and injective (INJ) have slipped by 2.70% and 3.36%, respectively, over the past week.
Among smaller DeFi tokens, some witnessed notable growth while others faced significant declines.
According to data from DeFi TVL aggregator DefiLlama, the DeFi market cap is currently valued at over $41 billion, with approximately $1.6 billion in trading volume over the past day.
The surge indicates a daily rise of around 6%, accompanied by a 6.39% increase in trade volume.
Among the top DeFi tokens, Chainlink (LINK) has emerged as one of the biggest winners of the week, experiencing a more than 4% increase in value.
However, other coins like Synthetix (SNX) and injective (INJ) have slipped by 2.70% and 3.36%, respectively, over the past week.
Among smaller DeFi tokens, some witnessed notable growth while others faced significant declines.