π 2024 brings a revival for DeFi
π Since the beginning of the year, the total value locked (TVL) in the DeFi sector has more than doubled, peaking at $212 billion on December 16.
β According to TokenTerminal, net deposits in DeFi protocols Aave and Lido surpassed $70 billion in December for the first time.
β This accounts for nearly half of the $148 billion allocated to the 20 largest DeFi applications.
β Trading volume on decentralized exchanges (DEX) also hit new records, reaching nearly $380 billion in November, according to DefiLlama.
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