According to data on Jan. 17, 2023, 71.95% of the total value locked in DeFi lending protocols evaporated in 12 months.
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
from Jan. 10, 2022, shows that Aave’s $12.87 billion TVL was larger than the TVL the top five defi lending protocols held on Jan. 17, 2023.shows that the top five defi protocols in mid-Jan. 2023 include Aave , Justlend , Compound , Venus , and Morpho . Currently, all five of the aforementioned defi protocols have a combined TVL of around $10.49 billion.On Jan. 10, 2022, Terra’s Anchor Protocol held approximately $8.5 billion in value, but now the defi protocol is in ashes.
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