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Total Value Locked in DeFi Once Again Broke Above 1 Billion After Black Thursday

Dawn Wu

Summary: Total Value Locked (TVL) in DeFi has surpassed the $1 billion milestone, per data from DeFi Pulse.

Total Value Locked (TVL) in DeFi has surpassed the $1 billion milestone, per data from DeFi Pulse.

TVL (USD) has been recovering from the Black Thursday on March 12 when the cryptocurrency market plunged. In the past three months, TVL has been on a steady rise, and the latest record shows the number has reached $1.01 billion. The upswing may be an indication of investors’ renewed interest, per AMB Crypto. 

TVL (USD) climbed to an apex of $1.253 billion on Feb.14, earlier this year, but decreased by around 40% with the rest of the crypto space on March 12. 

By Dawn Wu

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