• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
TVL DEX dropped sharply last week

TVL DEX dropped sharply last week

user avatar

by Eve Adams

a year ago


According to data from CoinGecko, DefiLlama, and Crypto.com Research, this week the decentralized exchange (DEX) market demonstrated a negative trend. Research from Crypto.com shows that Uniswap remains the leader in total value locked (TVL) on the Ethereum blockchain with a figure of $4.88 billion, despite a 3.18% decrease over the past 7 days.

Next is PancakeSwap on the Binance Smart Chain (BSC) with a TVL of $1.75 billion, which also decreased by 3.43% over the reporting period. The third place is occupied by Aerodrome on Base with a total value locked of $610 million, representing a decline of 4.31%.

It is noted that all leading decentralized trading platforms showed a decrease in metrics. Among them, SUN on Tron showed the smallest decrease among the top DEXs, losing only 1.33% of its TVL and reaching $520 million.

Other significant DEXs include VVS Finance on Cronos with a TVL of $220 million and a drop of 5.77%, as well as Orca on Solana, which lost 9.99%, reaching $200 million. Velodrome on the Optimism blockchain recorded a 4.46% decrease, with a result of $120 million.

The largest drop this week was recorded by Trader Joe on the Avalanche blockchain, losing 14.08%, which reduced the total frozen funds in the protocol to $40 million. Quickswap on Polygon also showed a significant decline of 6.11%, with a TVL of $80 million. Sushi on Arbitrum recorded a decrease of 5.7%, reaching $30 million.

These data indicate the current negative trend in the decentralized finance market. A decrease in TVL is observed across all chains, which may indicate a decline in user activity or the withdrawal of funds from these platforms. Investors and market participants should consider these trends when making decisions and developing asset management strategies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Curve DAO Token: Sharp 28% Rise Following $3.9M Short Liquidations

chest

Curve DAO Token (CRV) has seen a significant rise of 28% in the past 24 hours due to the liquidation of $3.9 million in shorts.

user avatarGiorgi Kostiuk

Crypto Market Overview: VeChain, Pi Coin, and Unique BlockDAG Offering

chest

The crypto market is recovering, with VeChain and Pi Coin on the rise, while BlockDAG offers unique terms.

user avatarGiorgi Kostiuk

Filecoin and Near Protocol Show Active Growth in Crypto Market as BlockDAG Sets New Records

chest

Filecoin and Near Protocol demonstrate rising prices and activity, while BlockDAG achieves record sales in its presale.

user avatarGiorgi Kostiuk

Top Trending Cryptos in 2023: Analyzing BlockDAG, Solana, Ethereum, and Binance Coin

chest

An overview of promising cryptocurrencies: BlockDAG, Solana, Ethereum, and Binance Coin, their technologies, and market significance.

user avatarGiorgi Kostiuk

Court Dismisses Trump's Lawsuit Against Woodward and Simon & Schuster: Implications and Details

chest

A US judge dismissed Donald Trump's lawsuit against journalist Bob Woodward, finding no established copyright interests.

user avatarGiorgi Kostiuk

Crypto Equities Boost S&P 500 Following GENIUS Act Legislation

chest

The S&P 500 reached a new height thanks to crypto stocks after the passage of the GENIUS Act, fostering regulatory clarity.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.