DeFi Total Value Locked Reaches Milestone High of $200B

BeInCrypto –

The total value locked (TVL) across all decentralized finance (DeFi) platforms has tapped a record high this week as crypto markets continue to build on previous gains. The total amount of collateral locked in DeFi has tapped $200 billion according to analytics platform DeFi Llama.

The milestone was also noted by Chinese blockchain news outlet 8BTC in a Tweet on Oct 8.

“According to Defi Llama, the current TVL of DeFi is $208.39 billion, which not only hit a record high in TVL, but also surpassed the $200 billion mark for the first time.”

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