DeFi faces stagnation despite promising growth says Credbull CEO

DeFi became the unique selling proposition of blockchain in 2021, after a crypto boom that was initially led by Bitcoin. DefiLlama reported that the market TVL in May 2024 surpassed $100 billion after a year-long turmoil in 2023. However, it declined again before slightly recovering in July. Despite the rebound, the levels remain far below

Source: Cryptopolitan