Defi Witnesses Dramatic Recovery as TVL and Token Valuations Soar in 2023
Decentralized Finance (Defi) Sees Impressive Growth Over the past year, decentralized finance (defi) has experienced a significant recovery, with both the total value locked (TVL) and token valuations soaring in 2023. In April 2022, defi protocols held approximately $163 billion TVL, but by January 2023, this amount had declined to $38.30 billion. However, these indicators […]
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