November’s gains have pushed DeFi’s total value locked back to levels last seen in 2021, reaching $118.4 billion on Nov. 25.
Native tokens from multiple decentralized finance protocols are seeing gains soar above 50% in November as the month closes to an end, backed by investors’ renewed confidence after the United States elections and hopes of more regulatory clarity for digital assets.
According to data from the Tie Terminal, tokens issued by Curve Finance (CRV), Athena (ENA), dYdX (DYDX) and Lido (LDO) are among the biggest gainers over the past 30 days across leading DeFi protocols by market capitalization.
At the time of this writing, CRV is up120.23% over the past 30 days, followed by a 77.6% rise in ENA, a 53.7% jump in DYDX and a 64.9% increase in LDO.