TVL in DeFi drops by more than 11% in 4 days, Ethereum needs 63.4%

Since the entire crypto market continues to be affected by earthquakes, the Total Value Locked (TVL) in DeFi has not escaped the problems and is currently from 255.84 billion last 24 hours.

TVL in DeFi | Source: Defillama

The numbers show that Curve Finance currently has the largest TVL in DeFi, spanning 7 different chains with $ 22.7 billion, which is 9.55% of the total of $ 228.08 billion blocked. Curve Finance is followed by Convex Finance (USD 19.43 billion), Makerdao (USD 16.04 billion), Aave (USD 12.75 billion), WBTC (USD 11.15 billion) and Instadapp (10.36 Billion USD).

The biggest weekly drop in TVL on the top 10 DeFi logs was Lido, which lost 20.81%. Decentralized exchange (DEX) Uniswap lost 11.7% and WBTC lost 9.39% due to the decline in Bitcoin price.

Ethereum still holds the most TVL in DeFi of blockchains at $ 144.62 billion, or 63.4%. It is followed by Terra ($ 15.49 billion), Binance Smart Chain ($ 15.28 billion), Avalanche ($ 10.65 billion), Solana ($ 9.76 billion) and Fantom ($ 5.22 billion).

The 30-day statistics for cross-chain bridges to Ethereum show that TVL is down 10.4%. Polygon Bridge had the largest TVL at $ 6.6 billion, followed by Avalanche ($ 5.4 billion), Ronin ($ 4.9 billion), and Arbitrum ($ 2.8 billion).

The six best performing smart contract assets in the past seven days include Fuse (FUSE), Cypherium (CPH), Noah Coin (NOAHP), Harmony (ONE), Internet Computer (ICP), and Chainlink (LINK).

The six worst performing smart contract assets of the week were Poa Network (POA), Gather (GTH), Dusk Network (DUSK), Kadena (KDA), Enigma (ENG), and Oneledger (OLT).

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