Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains

News Bytes - 12The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance and Solana. Despite the overall downtrend, Bitcoin, Base (a Layer two blockchain […]

Source: https://news.bitcoin.com/defis-tvl-declines-by-10-billion-in-april-despite-growth-in-bitcoin-and-newer-blockchains/

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