DappRadar: DeFi’s total TVL increased by 45% in February
In its latest monthly analysis, crypto intelligence platform DappRadar noted that DeFi’s total TVL grew to $159 billion in February, a 45% increase from 1 month ago, which also represents the highest TVL level recorded in the field since May 2022. TVL refers to the amount of funds deposited into a protocol smart contract and is often used to measure the health of the cryptocurrency ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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