Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack – Defi Bitcoin News

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The two smart contract tokens Ethereum and EthereumClassic saw their fiat values rise significantly during the last seven days.

, however, has not seen gains like its competitors as it has only increased by 1.5% during the last seven days.and the TVL increased by 2.87% in 24 hours. That’s $17 billion higher than the TVL low recorded on June 19, and Makerdao dominates the $87.02 billion by 9.89% today.

Makerdao’s TVL increased 10.7% this week and is currently valued at $8.61 billion.The second-largest defi protocol, in terms of TVL, is Lido, which saw an increase of around 31.83% this week and has a TVL of around $6.96 billion. In terms of the aggregate $87 billion locked in defi, the funds locked into

 

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Defi projects have loaded more bullet to face the bear market. Let's see how it goes.

Initially I was concerned about staked eth flooding the market post ethereummerge. Now as it approaches, I think the opposite will occur and value will climb with staking demand increasing. defi ETH The more clarity we see on the merge, the higher I expect the price to go.

CODE is LAW IYKYK

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