After tapping a 2022 low of $70 billion on June 19, the total value locked in decentralized finance has increased by more than $7 billion. DeFi
Value Locked in Defi Swells by $7 Billion, Tron's TVL Spikes 34.85%, Ethereum Dominates by 62%
This Past Week Tron’s TVL Jumped by Double-Digits, Smart Contract Tokens Rise, Dex Applications Command Today’s Top Defi TVL Positions On Thursday, July 7, 2022, there’s approximately $77.11 billion locked in defi and that metric increased by 1.40% during the last 24 hours. The largest defi protocol TVL is Makerdao’s $7.54 billion or a dominance rating of around 9.78%.
Tron’s Justlend has $2.79 billion locked and at the time of writing, USDD supply deposits get 12.83% annual percentage yield and the borrow APY is 21.76%.
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