Binance CEX remains the top protocol by total value locked (TVL), boasting $132.36 billion across multiple chains. Despite its leading position, the platform experienced a 0.99% decrease in TVL over the past 24 hours, equating to a $1.3 billion drop. Over the past week, Binance CEX saw a more significant decline of 8.05%, losing $10.7 billion in TVL.
The protocol supports a wide array of compatible chains, including Ethereum, Bitcoin, Binance, Tron, Ripple, and Solana, among others. This multi-chain compatibility underscores its extensive reach and influence in the crypto market, even as it navigates recent declines in value.
Binance CEX Leads with $132.36B TVL Despite Weekly Decline
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
