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

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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:

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

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Main Topics: CryptoTechnology

Official Website:

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

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Website Security: Secure (HTTPS)

Publisher ID: #29

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