Bitcoin Defi TVL Loses Over $500m Since March � CryptoMode
Cryptomode_202401 Jun, 2024Business
Bitcoin had reportedly emerged as DeFi's sixth-largest blockchain with a TVL of over $2 billion, ranking neck-in-neck with Solana. On-chain data provided by the blockchain analytics platform DeFiLlama shows that the total value locked (TVL) in Bitcoin-based DeFi protocols has decreased by more than $500 million from the $2B milestone it witnessed in February.
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