• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Ethereum

    Ethereum Price Prediction: Can ETH breakout of $1600?

    Uniswap price prediction

    Uniswap price prediction: Uniswap to reject further upside at $27

    Dogecoin

    Dogecoin becomes the most popular cryptocurrency

    Digital Yuan

    Biggest digital Yuan trial to be rolled out in Chengdu, China

    Litecoin

    Litecoin Price Prediction: LTC eyeing $200 breakout

    Cyril Ramaphosa

    Is Cyril Ramaphosa leading the crypto adoption drive in South Africa?

    Bitcoin price

    Bitcoin price now above $51,000

    Bitcoin price prediction Bulls buy the dip to push BTCUSD past $50k

    Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k

    Bitcoin price

    Bitcoin price could rally up to $50,000

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Ethereum

    Ethereum Price Prediction: Can ETH breakout of $1600?

    Uniswap price prediction

    Uniswap price prediction: Uniswap to reject further upside at $27

    Dogecoin

    Dogecoin becomes the most popular cryptocurrency

    Digital Yuan

    Biggest digital Yuan trial to be rolled out in Chengdu, China

    Litecoin

    Litecoin Price Prediction: LTC eyeing $200 breakout

    Cyril Ramaphosa

    Is Cyril Ramaphosa leading the crypto adoption drive in South Africa?

    Bitcoin price

    Bitcoin price now above $51,000

    Bitcoin price prediction Bulls buy the dip to push BTCUSD past $50k

    Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k

    Bitcoin price

    Bitcoin price could rally up to $50,000

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Industry News

DeFi TVL reaches $13.6B as high-value transactions spike

Ibiam Wayas by Ibiam Wayas
November 12, 2020
in Industry News
2 min read
Elon Musk adds Bitcoin in Bio, how will BTC react?
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • DeFi TVL has reached another all-time high (ATH) at over $13.6 billion. 
  • The increase in the market valuation comes as transactions worth over $100,000 surged within the past week.

The decentralized finance (DeFi) market has been noting a relatively huge amount of growth in asset valuation since the start of this month. The DeFi TVL (total value locked) dropped from $12.45 billion on October 26 to as low as $11.05 billion on October 31. However, market valuation has risen to over $13 billion after a few drops. The increase comes as high-value transactions in DeFi surged in the past week.

DeFi TVL makes new ATH

According to the decentralized finance tracking platform, DeFi Pulse, the total assets locked in the market are now worth $13.62 billion. The leading decentralized exchange, Uniswap, holds the largest DeFi TVL, with a market dominance of 22.30 percent. The assets locked in the exchange have surpassed $3 billion, making another all-time high record for the year. This comes three days after Cryptopolitan reported the previous ATH at $2.821 billion.

Other protocols with a billion-dollar assets valuation include Maker ($2.31 billion), Wrapped Bitcoin ($1.92 billion), Compound ($1.40 billion), and Aave (1.17 billion). Additionally, there are now about nine protocols with more than $100 million valuations. These include Yearn finance, Curve finance, and Harvest finance, a yield farming protocol that lost about $24 million to hackers during the early stage.

RelatedPosts

Is Cyril Ramaphosa leading the crypto adoption drive in South Africa?

Chainlink may surpass Bitcoin, reports

Grayscale purchases 80 percent of Litecoin mined in February

Bitcoin mining: 48,000 new machines ordered by Bitfarms to increase hashrate

What’s behind the rise in DeFi TVL

It appears that deep-pocketed investors are returning to the DeFi market. In the past week alone, the number of high-value on-chain transactions of at $100,000 increased by 282 percent in the DeFi market. As reported by IntoTheBlock, a cryptocurrency market data aggregator, the DeFi transaction is November 10 alone neared $134 million.

Tags: cryptocurrency tradingcryptomarket
Ibiam Wayas

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.

Related Posts

Cyril Ramaphosa
News

Is Cyril Ramaphosa leading the crypto adoption drive in South Africa?

March 3, 2021
Chainlink may surpass bitcoin
Industry News

Chainlink may surpass Bitcoin, reports

March 2, 2021
Grayscale
Industry News

Grayscale purchases 80 percent of Litecoin mined in February

March 2, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Gary Gensler

Gary Gensler: How would the SEC fare under him?

March 4, 2021
xrp wallet

XRP Wallet: Should you get one?

March 4, 2021
Ethereum

Ethereum Price Prediction: Can ETH breakout of $1600?

March 3, 2021
Uniswap price prediction

Uniswap price prediction: Uniswap to reject further upside at $27

March 3, 2021
Dogecoin

Dogecoin becomes the most popular cryptocurrency

March 3, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.