Total value blocked in cross-chain Defi Bridges crosses $ 22 billion and has risen by 48 % in 30 days-Defi

On October 29, the Total Value Locked (TVL) in decentralized financial protocols (DEFI) is around $ 243 billion, with Curve taking omnance of 7.76 %. Since Ethereum in the meantime has the greatest dominance from TVL in Defi, a number of alternative blockchains have a significant increase every week. In addition, the TVL has reached $ 22.48 billion in cross-chain bridge technology, which corresponds to an increase of 48.8 % compared to the last month.

The blocked overall defect value is over - avalanche, fantom, polygon, arbitrum TVLs in defi

The total value of decentralized financial apps has increased further this year and has reached new heights. Data from defillama.com ’s dashboard shows that the TVL is $ 243 billion on Friday, with Curves 18.91 % having a dominance assessment of 7.76 %. The Defi Protocol Curve supports seven different blockchains, which means that users can access Cross-Chain-Bridge technology to use the decentralized exchange (Dex).

Statistics show that Ethereum ( eth ) is still the dominant defi chain with a value of 164.75 billion US dollar $ 243 billion. Although Ethereum is a large part of the defi cake, blockchains such as Avalanche, Fantom, Polygon and Tron saw a strong increase in TVLs last week. Avalanches TVL in Defi has increased by 10.44% in the past seven days, while Trons TVL in Defi increased by 18.76%.

Kreuz-Chain Bridge the TVLs this month by 48% - over 22 billion US dollars blocked

fantoms TVL recorded a significant increase in the past week and recorded 31.21% more TVL. In the meantime, Solana and Terra recorded much lower increases last week, since Solana took 0.44 % and Terra only increased by 0.79 %. Arbitrum recorded a tvl increase of around 24.58 % this week and polygon (Matic) rose by 4.41 %. The TVL on the Binance Smart Chain (BSC) sank by 6.15%this week, but is still the second largest Defi-tvl.

This week the TVL in cross-chain bridges rose by 48.8 % last month and on Friday the TVL of the Cross-Chain-Bridge is $ 22.48 billion. Statistics of dune analysis show that the Ronin Bridge rose by 2% with $ 5.3 billion last week. The cross-chain bridge dashboard by Dune Analytics called "Bridge Away (L1 Ethereum)" shows 16 different bridges of chains such as Avalanche, Arbitrum, BSC Anyswap, Boba Network, Fantom Anyswap, Harmony Bridges and more.

The assets with most activities in cross-chain-bridges include tokens like Weth, ETH , AX, USDC, MATIC, MATIC, MATIC, MATIC, usdt , or dai. Regarding Weth/ ETH The TVL in cross-chain-brücken is on Friday morning at around 7.062.5.503 US-Dollar.

What do you think of the increase in funds in cross-chain bridge technology in the past month? Let us know your opinion on this topic in the comments below.

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