Rewards Hub DeFiLlama data reveals that the total value locked (TVL) in decentralized finance (DeFi) has decreased by nearly $50 billion from its peak, now standing at $122.04 billion. Currently, only four protocols maintain a TVL exceeding $10 billion. Among these, Aave is the sole non-LRT/Restaking protocol.
DeFi TVL Drops Nearly $50 Billion, Only Four Protocols Above $10 Billion
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