DeFi TVL Surpasses $109B Once Again � Cryptomode

Cryptomode_202430 May, 2024Business

According to data from DefiLlama, the TVL in the DeFi sector reached a peak of $109.01 billion on May 27, an increase of more than 10% from the previous month, before reverting to $107 billion. Some of the most significant contributors to this growth are liquid staking platforms like Lido and restaking protocols like EigenLayer, both recording double-digit gains in the past 30 days.