According to a report by DappRadar, the TVL of DeFi applications increased by 17% month-on-month in May, reaching $192 billion, a monthly high since February 2022. The growth was mainly driven by the rise of ETH and increased trading activity. Despite the increase in TVL, the number of active wallets (UAW) in DeFi decreased by 21% to 1.75 million. Ethereum accounts for 68% of the overall TVL in DeFi, reaching $130 billion, while Solana's TVL ranks second at $10.9 billion, accounting for 5.7%, a 14% increase month-on-month. The report states that the increase in TVL is mainly due to short-term speculation surrounding the popularity of Ethereum ETFs. (Cointelegraph)
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
The total DeFi TVL of the entire network hit a 15-month high, with Ethereum accounting for 68%
-
Wechat scan to share
Recommended for you
-
Data: U.S. public debt surges in the past three weeks, increasing by $455 billion
On October 18th, according to Bloomberg terminal data, as of October 15th, 2024, the total amount of US public debt reached a historic high of approximately $35.75 trillion. In just the past three weeks, US debt has increased by $455 billion. -
The Trump family will receive 75% of WLFI's net income and will not bear any liability
The Trump family's encrypted project World Liberty Financial (WLF) has released a 13-page "World Liberty Gold Paper" document that details the project's mission and token allocation plan. The document shows that the Trump family will receive 75% of the project's net income without any liability. -
US spot Bitcoin ETFs saw a net inflow of $470 million yesterday
According to TraderT's monitoring, the net inflow of the US spot Bitcoin ETF was $470 million yesterday. -
BlackRock IBIT had a net inflow of $319.7 million yesterday
According to data monitored by Farside Investors, BlackRock's iShares iBoxx $ Investment Grade Corporate Bond ETF had a net inflow of $319.7 million yesterday. -
The US dollar index DXY rose more than 20 points in the short term and is now at 103.66
The US dollar index DXY rose more than 20 points in the short term after the release of US economic data, now reporting at 103.66. -
The number of first-time unemployment claims in the United States last week was 241,000
The number of initial jobless claims in the United States last week was 241,000, estimated at 260,000, and the previous value was 258,000. -
BTC falls below $67,000
According to market conditions, BTC has fallen below $67,000 and is currently trading at $66,987.6, with a 24-hour decline of 0.96%. The market is volatile, so please be prepared for risk control. -
ETH falls below $2,600
The market shows ETH has fallen below $2,600, currently reporting at $2,599.61, with a 24-hour decline of 0.66%. The market is volatile, please be prepared for risk control. -
Ethereum stakers earned $174 million in September, down 30% from March peak
Ethereum stakers earned a total of $174 million in September, a 30% decrease from the peak in March ($247 million). Despite the decrease in earnings, the number of validators on the Ethereum network continues to grow. Currently, there are 1.09 million validators, indicating an increasing participation in network security. Despite the decrease in individual rewards, the number of validators is still increasing, indicating people's confidence in Ethereum's long-term prospects. -
DeFi TVL exceeds $95 billion again
According to defillama data, as of May 18, 2024, the total value locked (TVL) in DeFi has once again surpassed $95 billion. It is currently reported at $95.069 billion, an increase of nearly $12 billion from the low point of $83.04 billion 35 days ago. Among the top five protocols in terms of TVL, Eigenlayer has the highest 30-day increase, with TVL rising by 19.67% to a total of $15.455 billion.
Daily Must-Read
-
Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
-
Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
-
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
-
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
-
Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs
-
Why is Solana's Dogwifhat (WIF) memecoin crashing?
All Comments