DeFi Ecosystem Booms: TVL Tops $105B Amid Regulatory Shifts and Adoption Surge
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By CryptoFlare AI
DeFi's total value locked (TVL) has reached $105.2 billion, up 28% in Q3 2024, driven by restaking protocols like EigenLayer, liquid staking derivatives, and growing adoption amid market recovery. Ethereum dominates with 59% of TVL at $62 billion, while Solana's TVL surged 150% year-over-year to $5.2 billion; leading protocols include Aave ($12.5B) and Lido ($10.8B). Despite regulatory scrutiny and security risks like $1.7B in exploits, institutional interest in real-world assets and high yields fuel the ecosystem's expansion.
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