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Is DeFi Dead as TVL and DeFi tokens plummet? Don’t Count on It

Bankless Times LogoBankless Times1 mo ago

Is DeFi Dead as TVL and DeFi tokens plummet? Don’t Count on It

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According to DeFi Llama, the total value locked (TVL) in DeFi has slumped from more than $250 billion to over $76 billion.

The Decentralized Finance (DeFi) industry has come under intense pressure in the past few months.

As a result, there have been numerous concerns about whether DeFi is dead.


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Article Details

Author / Journalist: Crispus Nyaga

Category: CryptoTechnology

Topics: Finance Defi Industry Tokens Plummet Financial Billion Been Decentralized People Dead

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-27, 22:08:59

News Timezone: GMT +8:00

News Source URL: banklesstimes.com

Language: English

Reading Time: 4 minutes read

Article Length: 549 words

Coverage Area: Canada

Availability: Desktop Web, Mobile Web

News ID: 16321

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About Bankless Times

Bankless Times Logo

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Update Frequency: 4 posts per day

Year Established: 2011

Headquarters: Canada

News Last Updated: 6m ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #29

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