Defi TVL has increased by 12%since mid -December, almost 25 billion USD in bridges, convex profits in the dominance of Curve - Defi

Defi TVL has increased by 12%since mid -December, almost 25 billion USD in bridges, convex profits in the dominance of Curve - Defi

The Total Value Locked (TVL) in decentralized financing (Defi) rose by $ 24 % from $ 24 % in the first four days of the new year to $ 255.84 billion three days later. While the Defi Protocol Curve Finance dominates with a TVL of $ 24.44 billion, Convex Finance is approaching the dominance with $ 21.27 billion. Meanwhile, Ethereum of several blockchains dominates the Defi-TVL with 62.91 % or $ 160.96 billion of the total of $ 255.84 billion that are now blocked.

defi tvl increases by 4%

in the first 4 days of 2022

money flows back to decentralized financing (Defi) and a number of defi tokens gains value. statistics from defillama.com show that the TVL in defi reached a low of 228.13 billion US dollars on December 11th and has since increased by $ 12.14%. On the first day of 2022, the TVL was $ 245 billion in Defi and has risen by 4 % to date and reached $ 255.84 billion on Tuesday.

Defi tvl has increased by 12%, almost 25 billion since mid. USD in Bridges, Convex wins in the dominance of curve
Total value in decentralized finance on 4th January 2022.

The $ 255.85 billion are distributed over numerous 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 Osmosis.

Defi tvl has increased by 12%, almost 25 billion US In Bridges, Convex wins on dominance of curve
Top 12 Blockchains with regard to Defi TVL on 4th January 2022.

Ethereum tvl over 383 minutes today is 160.96 billion US dollars, followed by Terras $ 19 billion for only 14 defi protocols. BSC has $ 16.57 billion for 263 defi protocols on Tuesday.

Although Terra and BSC are the second and third largest defi tvls, they only represent 22.09% of the value that is determined in Ethereum Defi protocols today. Terra has recorded a tvl increase of 1.98% last week, but Fantom jumped by $ 6 billion and osmosis by $ 6 billion and crossed the 1 billion dollar zone.

curve dominates with 9.55 % of the TVL in defi, fuse jumps 183 %, top 7 smart contract networks see weekly losses

measured values ​​ show that Curve today over seven different chains with $ 24.44 billion and a 9.55%dominance under the blocked $ 255.84 billion the largest TVL in defi today dominated. Convex ($ 21.27 billion), Makerdao ($ 18.28 billion), Aave (14.62 billion $), Lido ($ 12.48 billion), WBTC ($ 12.11 billion) and Instadapp ($ 10.88 billion).

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Top 10 Defi protocol in relation to the total value that was blocked on January 4, 2022.

Today, the tvl in cross chain bridges to Ethereum is a total of 24.67 billion US dollar, which is changing of 1.5 % in 30 days corresponds. The number of clear addresses within the cross-chain-bridge-tvl in 30 days is 87,855 addresses.

Polygon Bridges ranked with $ 6.6 billion on Tuesday as the largest TVL and Ronin has $ 6.1 billion. This is followed by avalanches ($ 5.8 billion), Arbitrum ($ 2.8 billion), fantom ($ 1.4 billion) and Optimism ($ 538 million). The top seven Blockchain platforms for smart contracts After market assessment, all of them fell between 3.2 % and 12.5 % in the last week. The seven smart contract blockchain platforms include Ethereum, Solana, Cardano, Polkadot, Terra, Avalanche and Polygon.

In the meantime, the eight to tenth size Smart Contract networks Chainlink (+5.3%), Algorand (+3.2%) and Near (+12.6%) recorded 7-day profits. The biggest seven-day winner of the Smart Contract network this week was Fuse (Fuse), who climbed by $ 183.6% compared to the US dollar.

enigma (narrow) rose by 48.8% in seven days and Velas (VLX) rose by 35.7% this week. Velas Network AG only with Italian Luxury sports car manufacturer Ferrari. The largest loser in the Smart Contract platform this week was the PoA network (POA), which lost 49.8 % in value, followed by Cypherium (CPH), which lost 37.8 % in seven days.

What do you think about the latest defi actions in the past week? Let us know your opinion on this topic in the comments below.

Jamie Redman

Jamie Redman is News Lead at Bitcoin.com News and a Finanztech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com news about the disruptive protocols that arise today.


Photo credits : Shutterstock, Pixabay, Wiki Commons, Defillama.com,