Value Locked in Defi Drops to Lows Not Seen Since March
The Decentralized Finance (DFI) landscape has been turbulent, to say the least, in terms of Total Value Locked (TVL), and TVL is currently valued at around $54.95 billion. TVL hasn't been this low in more than five months since March 29, and today's most dominant DeFi protocol is Makerdao, leading the pack by 13.27%.
Value Locked in Defi Slip Under $55 Billion
At the time of writing, the top smart contract platform coins by market capitalization are up about 0.6% against the US dollar, and the smart contract token economy is worth $296 billion.
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