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DeFi's TVL Exceeds $100 Billion, Surpassing The Market Cap Of Silicon Valley Bank

Mary Liu

Summary: According to the data from DeFi Ecosystem tracker DeFiLlama,  the total locked-up value (TVL) of the DeFi ecosystem exceeded $100 billion for the first time early this morning. At the time of release, The TVL of DeFi was about $101.33 billion, an increase of 7% compared to yesterday's $94.7 billion.  According to Wikipedia data, DeFi's TVL ...

According to the data from DeFi Ecosystem tracker DeFiLlama,  the total locked-up value (TVL) of the DeFi ecosystem exceeded $100 billion for the first time early this morning.

At the time of release, The TVL of DeFi was about $101.33 billion, an increase of 7% compared to yesterday's $94.7 billion. 

According to Wikipedia data, DeFi's TVL is currently equivalent to the 40th largest bank in the United States, surpassing Silicon Valley Bank's $97 billion. The largest bank is JPMorgan Chase with a $3.2 trillion market cap.

By Mary Liu

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