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Total Value Locked in DeFi Market Increases More than 20% in a Month

ByLouis Adams

Apr 25, 2022 #DeFi
Reading time: < 1 minute

Investments in DeFi protocols have been growing over the past few months. As of April 24, the value of funds locked in the decentralized finance market was $212.8 billion.

According to DeFiLlama, at the beginning of this month, the capitalization of DeFi protocols reached $232.15 billion. The top three projects include Curve, Lido and Anchor, which accumulated assets of up to $20.12 billion, $19.01 billion and $16.2 billion, respectively.

The CryptoRank report states that the value of funds in DeFi protocols has increased by 20.7% over the past 30 days. During the year, this amount soared by 218%.

The capitalization of DeFi projects peaked in November last year ($305 billion). Growth has been outlined since April 2021.