DeFi TVL Rebounds to $170B, Erasing Terra-Era Bear Market Losses
The total amount of capital locked on decentralized finance (DeFi) protocols hit $170 billion on Thursday, a landmark figure as now all of the the losses from the 2022 Terra/LUNA ecosystem collapse and subsequent bear market have been erased. While Ethereum still commands the lion’s share of capital at 59%, newcomers including Coinbase-backed layer 2 […]