The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook

Layer 1 blockchain Canto has experienced a 35% slump in total value locked (TVL) over the past month as liquidity continues to dry up across the decentralized finance (DeFi) sector.

Source: https://www.coindesk.com/business/2023/05/30/the-plight-of-hyped-blockchain-canto-demonstrates-dreary-defi-outlook/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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