The amount of funds in the DeFi ecosystem fell to $70 billion

The amount of funds in the DeFi ecosystem fell to $70 billion

Volume /></p><p>Against the backdrop of the market crash, the total TVL of the DeFi ecosystem dropped to $70.72 billion, comparable to March 2021.</p><p>Relatively peaked in early December 2021 (~$250 billion), the figure fell by 71%.</p><p><img class=

Data: DeFi Llama.

The first place in the DeFi Llama rating is occupied by a segment veteran — the MakerDAO landing service, with which the decentralized stablecoin DAI is associated. 

Among the top 5 services, Aave, Curve and Lido have the largest decrease in TVL. Celsius and Three Arrows Capital actively interacted with the first two platforms, which faced a liquidity crisis and had a negative impact on the entire market. 

The sharp decline in Lido is largely due to the collapse of Terra, since the service provided the opportunity for liquid staking of LUNA, as well as problems around stETH. 

Since the beginning of the year, top DeFi tokens have sank by 70-90%.< /p>

The amount of funds in the DeFi ecosystem has decreased to $70 billion

Data: Messari.

Low activity in the segment is also evidenced by the low cost of gas, despite the collapse in the price of Ethereum.

The amount of funds in the DeFi ecosystem has decreased to $70 billion

Data: Etherscan.

Recall that in May, the volume of venture capital financing of the DeFi sector fell to $176.3 million. This is the lowest figure since September 2021.

According to Chainalysis, 97% of cryptocurrencies stolen in 2022 came from DeFi- protocols.

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