- Ethereum holds 67.3% of the total TVL, with $55 billion locked.
- Real-world assets are described as “the new DeFi trend,” with an 84.6% increase in TVL over the past thirty days.
- CryptoRank reveals that liquid staking is the dominant decentralized finance (DeFi) category by total value locked (TVL).
Recent data from the analytics platform CryptoRank revealed that liquid staking is the dominant decentralized finance (DeFi) category by total value locked (TVL).
DeFi Landscape OverviewLiquid Staking is the dominant DeFi category with $20B TVL. The new DeFi trend, #RWA, showed a TVL increase of 84.6% over the past 30D.
TVL in #DeFi remains highly concentrated on #Ethereum ($55B TVL). pic.twitter.com/g5bvkO7OAr
— CryptoRank Platform (@CryptoRank_io) October 6, 2023
On October 5, CryptoRank and DeFi TVL aggregator DeFiLlama shared an overview of the DeFi landscape, showing the top eight DeFi categories by TVL.
According to the data, liquid staking is the dominant DeFi category, with $20 billion in total value locked. Among the top five categories were liquid staking, lending and borrowing protocols, decentralized exchanges (DEX), bridge protocols, and collater…
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