November's rally has elevated DeFi figures to heights not seen since 2021. According to DefiLlama, the TVL across DeFi protocols stood at $118.4 billion as of Nov. 25.
3 weeks ago
Related Wikis
Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to a financial system using blockchain and smart contracts to offer transparent services without central authorities.
Total Value Locked (TVL)
Total Value Locked (TVL) is the dollar value of all coins or tokens locked into a decentralized finance (DeFi) platform, indicating its growth and investor depo...
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