DeFi ecosystem's TVL drops to $38B as trade volume declines and security concerns persist

08/24 18:31

The total value of crypto held in DeFi protocols has decreased from over $150 billion to around $38 billion in the past year, with the majority locked up in the liquid staking protocol Lido. This decline is attributed to a drop in trade volume and concerns around the safety of assets due to hacks and exploits.

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