CRYPTO LITTER
TrendsyToken.io
  • Coin Tracker
  • Bitcoin

    BTC To See Correction Below $10K, Predicts Founder Of Midas

    Can XRP Continue To Outperform Bitcoin?

    Ethereum Price Remains Vulnerable, Will ETH Fall Back To $1K?

    Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis

  • Ethereum

    Finalized no. 25 | Ethereum Foundation Blog

    EF-Supported Teams: Research & Development Update

    Grantee Roundup: April 2021 | Ethereum Foundation Blog

    Announcing the EF Fellowship Program, Cohort #2

  • Blockchain
  • NFT Trends

    DeGods Removes Royalties from Resales

    Orange Comet Strikes Partnership with Sir Anthony Hopkins

    CNN’s NFT Platform Shuts Down, Users are Raging

    The SEC Casts a Beady Eye Over Yuga Labs’ Operations

  • Fashion Trends

    What to Wear Hiking This Summer

    35 Affordable Items I’m Eyeing From the Shopbop Sale

    12 Water-Based Makeup Products That Give You Dewy Skin

    The Best Postpartum Clothes I Wore on Maternity Leave

  • VR & Metaverse

    Meta Working With Ray-Ban On New Smart Glasses

    Quest Pro’s Controllers Have “Up To” 8-Hour Battery Life

    VR Developer Schell Games Donates $20K To Charities

    Meta Avatars Getting Legs Soon, And New Graphics Next Year

No Result
View All Result
  • Coin Tracker
  • Bitcoin

    BTC To See Correction Below $10K, Predicts Founder Of Midas

    Can XRP Continue To Outperform Bitcoin?

    Ethereum Price Remains Vulnerable, Will ETH Fall Back To $1K?

    Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis

  • Ethereum

    Finalized no. 25 | Ethereum Foundation Blog

    EF-Supported Teams: Research & Development Update

    Grantee Roundup: April 2021 | Ethereum Foundation Blog

    Announcing the EF Fellowship Program, Cohort #2

  • Blockchain
  • NFT Trends

    DeGods Removes Royalties from Resales

    Orange Comet Strikes Partnership with Sir Anthony Hopkins

    CNN’s NFT Platform Shuts Down, Users are Raging

    The SEC Casts a Beady Eye Over Yuga Labs’ Operations

  • Fashion Trends

    What to Wear Hiking This Summer

    35 Affordable Items I’m Eyeing From the Shopbop Sale

    12 Water-Based Makeup Products That Give You Dewy Skin

    The Best Postpartum Clothes I Wore on Maternity Leave

  • VR & Metaverse

    Meta Working With Ray-Ban On New Smart Glasses

    Quest Pro’s Controllers Have “Up To” 8-Hour Battery Life

    VR Developer Schell Games Donates $20K To Charities

    Meta Avatars Getting Legs Soon, And New Graphics Next Year

No Result
View All Result
Crypto Litter
No Result
View All Result
Home Bitcoin

Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21% – Defi Bitcoin News

January 30, 2022
in Bitcoin
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

BTC To See Correction Below $10K, Predicts Founder Of Midas

Can XRP Continue To Outperform Bitcoin?

[ad_1]

On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23.

Defi TVL Climbs More Than 5%, Ethereum Defi Dominance Still 60%, Cross-Chain Bridge TVL Jumps 13.5%

At the end of the week, crypto asset prices have rebounded from the market carnage that took place seven days ago. During the last week, the top two leading crypto assets bitcoin (BTC) and ethereum (ETH) have gained 7% to 9% in value against the U.S. dollar.

A week ago today, the TVL in defi dropped under the $200 billion mark and hit a low of $182.76 billion on January 23. Since then, the TVL has increased by 5.28% to $192.42 billion, according to Sunday’s defillama.com metrics.

Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra's LUNA Sheds 21%
Total-value locked (TVL) in decentralized finance (defi) on January 30, 2022, at 10:00 a.m. (EST).

Curve Finance, which is available on eight different blockchain networks commands a dominance of 9% amid the $192 billion TVL with $17.31 billion locked. Curve’s TVL, however, shed 11.21% in value during the course of the week.

The second-largest defi protocol is Makerdao with $15.81 billion locked and the third-largest is Convex Finance with a $12.03 billion TVL. In terms of TVL by blockchains, Ethereum currently commands ​​$117 billion of the $192 billion TVL in defi today.

The $117 billion locked among 509 Ethereum defi protocols equates to 60.80% of the entire defi TVL on January 30, 2022. Furthermore, Terra’s blockchain has around 17 defi protocols and is the second-largest blockchain, in terms of TVL in defi today.

Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra's LUNA Sheds 21%
While Terra has the second-largest defi TVL, the network’s native token LUNA declined significantly during the course of the week shedding 21% in seven days. LUNA/USD chart on January 30, 2022 at 10:00 a.m. (EST).

Terra has $13.17 billion locked and the UST staking protocol Anchor commands 53.38% of Terra’s TVL. Binance Smart Chain (BSC) is holding down the third-largest TVL position with $12.08 billion locked. The BSC defi protocol and decentralized exchange (dex) Pancakeswap’s $4.26 billion captures 35.22% of the TVL in the BSC’s defi platforms.

Fantom (FTM) commands a $9.42 billion TVL on Sunday, which is the fourth largest defi TVL. FTM’s Multichain has a dominance rating of 58.24% of Fantom’s TVL with $5.49 billion. Lastly, the fifth largest defi chain today is Avalanche (AVAX) with a $8.72 billion TVL, and Aave commanding 27.33% of the TVL with $2.38 billion locked.

One of the biggest seven-day gainers in terms of defi TVL held on a blockchain was Polkadot’s (DOT) 47.89% climb. DOT currently has the tenth largest defi TVL with $1.24 billion locked.

Cross-chain bridge TVL rates jumped 13.5% during the last 30 days according to Dune Analytics statistics. At the time of writing on January 30, 2022, there’s $19.95 billion locked into cross-chain bridge platforms with Polygon commanding the top bridge TVL.

Polygon has $5.4 billion today, while the second-largest bridge TVL is Avalanche with $5 billion. Out of the top smart contract protocols by market capitalization, the blockchain token telos (TLOS) saw the largest seven-day gains. The tokens poa network (POA) and terra (LUNA) saw the biggest weekly losses slipping 21.9% (LUNA) and 36.3% (POA).

Tags in this story
Aave, Anchor, Arbitrum, Avalanche, Binance Smart Chain, BSC, Convex, Curve, decentralized finance, DeFi, Defi protocols, DOT, ETH, ether, Ethereum, Fantom, Harmony, Heco, Instadapp, Lido, makerdao, NEAR, Optimism, osmosis, POA Network, Polkadot, Polygon, ronin, Serum, Solana, Terra, terra (LUNA), total value locked, TVL, WBTC

What do you think about this week’s action in the world of decentralized finance? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.




Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It



[ad_2]

Tags: BitcoinclimbsDeFihigherLockedLunaNewsPolkadotShedsspikesTerrasTVL
Share76Tweet48

Related Posts

BTC To See Correction Below $10K, Predicts Founder Of Midas

Bitcoin (BTC) hasn’t been in its best state lately, falling from a high of over $69,000 to the current...

Can XRP Continue To Outperform Bitcoin?

Ripple struggled to clear the $0.550 resistance against the US Dollar. XRP price is now moving lower and might...

Ethereum Price Remains Vulnerable, Will ETH Fall Back To $1K?

Ethereum failed to clear the $1,300 resistance zone against the US Dollar. ETH is declining and there is a...

Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis

A new study shows that over 18% of all crypto received by Eastern Europe comes from addresses associated with...

Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023 – Regulation Bitcoin News

Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in...

Load More
  • Trending
  • Comments
  • Latest

Trendsy Token Is Taking Over

Introducing A0K1VERSE- The New Metaverse From Steve Aoki –

The Sandbox Secures Strategic Partnership with Warner Music Group

Optimized Ethereum Mining Settings for Nvidia RTX 3060 Ti, RTX 3070, RTX 3080 and RTX 3090 GPUs

BTC To See Correction Below $10K, Predicts Founder Of Midas

Buy Stuff with Bitcoin | Which Online Stores Accept CryptoCurrency?

Bitcoin bulls ‘hold back’ as BTC’s monthly futures expiry approaches

Made in Umbria: IBM Food Trust helps certify food authenticity

BTC To See Correction Below $10K, Predicts Founder Of Midas

Can XRP Continue To Outperform Bitcoin?

Ethereum Price Remains Vulnerable, Will ETH Fall Back To $1K?

Stablecoin Could be Russia’s Preferred Medium of Exchange for Foreign Trade: Chainalysis

  • Coin Tracker
  • Bitcoin
  • Ethereum
  • Blockchain
  • NFT Trends
  • Fashion Trends
  • VR & Metaverse

© 2021 Crypto Litter - The #1 Source for Crypto Shit

No Result
View All Result
  • Coin Tracker
  • Bitcoin
  • Ethereum
  • Blockchain
  • NFT Trends
  • Fashion Trends
  • VR & Metaverse

© 2021 Crypto Litter - The #1 Source for Crypto Shit

  • RelevantRelevant(REL)$0.780.38%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%