Leading DeFi Projects in Terms of TVL Growth

Sponsored
Sponsored
The decentralized finance (DeFi) world has gone through a substantial activity boost over past seven days. According to the data from Phoenix Group, the top DeFi projects for 7-day TVL growth took into account $ZEUS, $CFG, and $NOTE. The crypto analytics platform shared the list of these prominent DeFi projects on its official social media account on X.

https://twitter.com/pnxgrp/status/1921573112811819413?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener nofollow

$ZEUS Leads DeFi Projects in Terms of Weekly TVL Upsurge

$ZEUS has recorded a 104% TVL surge over the past seven days. This noteworthy TVL surge has increased its price to $26.3M. Subsequently, $CFG has effectively obtained the 2nd position among the top DeFi players with its TVL rising to $437.9M after an 84.6% weekly growth.

Sponsored

Following $CFG closely, $NOTE is the 3rd prominent DeFi project, accounting for a 78.3% jump to reach $10.0M in TVL. The 4th top project in the DeFi world is $LON. It has effectively touched the $773.8K mark after getting a 58.5% TVL boost throughout the week.

DeFi Projects See Massive Weekly TVL Gains Led by $PUFFER, $ZRC, and $RAY

$PUFFER enjoys the 5th rank among DeFi projects, with its TVL reaching $181.0M following the 1-week rise of 58.2%. Apart from that, a 57.8% 7-day growth has placed $ZRC’s TVL at $844.6M. Coming after that, $RAY enjoys a TVL of $2.0B as a notable 56.1% boost has backed it during the past week.

Sponsored

The next DeFi project on Phoenix Group’s list, in line with the weekly TVL jump, is $BLUE. It currently stands at $142.7M after a 55.4% TVL rise over the week. Additionally, $REZ has noted a 37.9% weekly TVL growth, elevating its TVL to $972.1M. Moreover, as its TVL is now $23.0B, $LDO displays a 37.2% weekly increase.

Go to Source
Author: NixCoin

kryptonew

Share
Published by
kryptonew

Recent Posts

SOL Goes Live on XRP Ledger as Axelar Brings Solana to XRPL

Key Highlights SOL is now live on the XRP Ledger, giving users access to Solana’s…

18 hours ago

Cboe Files With SEC to List 3x Bitcoin and Ether ETFs

AI SummaryShowCboe seeks SEC approval for six 3x leveraged ETFs, including Bitcoin and Ether funds,…

18 hours ago

Lido Calls for Deeper Review Before EIP-8363 Advances

Key Highlights Lido contributors urged the Ethereum community to conduct a broader review of EIP-8363…

18 hours ago

Nigel Farage Wins UK By-Election Amid Crypto Donation Probe

Key Highlights Nigel Farage won the Clacton by-election with 62.8% of the vote. A parliamentary…

18 hours ago

SEC Cancels Crypto Meeting: Why Rulemaking Just Hit Another Wall

AI SummaryShowSEC cancels meeting to propose crypto rulemaking, citing unforeseen scheduling issue, delaying Regulation Crypto…

18 hours ago

Morpho Sees Record 5.59M Token Exodus From Exchanges

Key Highlights 5.59M MORPHO tokens left exchanges on August 13, marking the largest daily outflow…

2 days ago

This website uses cookies.

Read More