Since Oct. 11, 2022, the SmartContract token economy has lost $22 billion as it slid from $283 billion to today’s $261 billion. DeFi TVL is at its lowest point since March 2021.
Two tokens that saw significant losses similar to SOL’s include phantasma down 35.6% and velas down 29.6% this week. Two smart contract tokens that gained this week include qanplatform up 368.5% and secret , which gained 29% against the U.S. dollar.
The total value locked in defi is at the lowest point since March 2021. At the time of writing on Nov. 16, 2022, the TVL in defi is $43.24 billion. Ethereum’s defi dominance represents 57.63% of the $43.24 billion aggregate with $24.92 billion total value locked on the blockchain’s defi protocols. The second-largest blockchain in terms of defi TVL is the Binance Smart Chain with $4.83 billion in value locked. Tron is in third place with 10.11% of the aggregate $43.24 billion or roughly $4.33 billion in value locked on Nov. 16.
The defi application Lido commands $5.92 billion in value locked on Wednesday. Makerdao’s TVL shed 13.87% during the past 30 days, while Lido shed 0.90% this past month. Weekly stats show Makerdao lost 4.70% this past week and Lido lost 2.54% during the last seven days.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ford recalls 2021-2022 Broncos due to rearview camera issues - AutoblogDoes your Bronco's rearview camera get stuck on when you're four-wheeling? Ford has a solution in the works.
Read more »
Veterans launching new businesses doubled in 2021 —and it's likely to continue - Phoenix Business JournalNew business formations have surged since the start of the pandemic, and military veterans are playing a big role. But there are some unique ways veterans are contributing to the trend.
Read more »
Unsolved murder: Reward offered in 2021 death of man killed near friend's vigilThe victim's family said he was known in the community for his acts of kindness and he never got the chance to meet his now 1-year-old twins.
Read more »
Veterans launching new businesses doubled in 2021 —and it's likely to continue - Silicon Valley Business JournalNew business formations have surged since the start of the pandemic, and military veterans are playing a big role. But there are some unique ways veterans are contributing to the trend.
Read more »
Veterans launching new businesses doubled in 2021 —and it's likely to continue - Jacksonville Business JournalNew business formations have surged since the start of the pandemic, and military veterans are playing a big role. But there are some unique ways veterans are contributing to the trend.
Read more »