Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
📈 #DeFi is experiencing a revival, with key metrics on the rise. - Active loans have surged to $13.3 billion, levels not seen since early 2022. - DeFi TVL has recovered from $37 billion to $96.5 billion, a 160% increase. - TVL doubled, peaking at $109b in june. https://t.co/BqjAgNpZAN
On-chain data has revealed that DeFi loans have returned to 2022 highs. https://t.co/GEn1xbcskD
JUST IN: "DEFI IS WAKING UP AGAIN,” AS ACTIVE LOANS REACH $13.3B, LEVELS NOT SEEN SINCE EARLY 2022 - TOKEN TERMINAL
Decentralized Finance (DeFi) is experiencing a notable resurgence, with active loans returning to levels not seen since early 2022. Recent data indicates that active loans have surged to $13.3 billion, marking a significant recovery. Additionally, the total value locked (TVL) in DeFi has increased from $37 billion to $96.5 billion, representing a 160% rise. This revival follows a peak of $109 billion in June 2024. Analysts are now considering whether regulatory clarity and technological advancements will further fuel this renaissance in the DeFi sector throughout 2024.