Decentralized Finance Landscape Overview.
21 Jul 2023, 16:05
Decentralized Finance Landscape Overview 📊
After overtaking DEXs, liquid staking protocols consolidated their position as the most popular DeFi sector by total value locked (TVL) with a 25% market share. Lending protocols gained momentum and are now the second largest DeFi sector by TVL, with DEXs in third place.
Ethereum remains the most popular chain with a 70% share of TVL, followed by TRON and BNB Chain, which has seen TVL outflows in recent months.
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