DeFi global total value locked reached $100.1 billion on March 9. These figures, however, still fall short of the $189 billion record from November 2021.
The demand for Bitcoin (BTC) is fueling sentiment around the crypto industry, driving the capital locked on-chain to over $100 billion on March 9.
According to data from DefiLlama, the global total value locked (TVL) in decentralized finance protocols reached $100.1 billion, with more than $10 billion in volume over the past 24 hours. However, these figures still fall short of the $189 billion record from November 2021.
Liquid staking protocol Lido is leading the charts with $38.7 billion locked on-chain, followed by the staking ecosystem EigenLayer, and the AAVE protocol with $11.5 billion in TVL.
