DeFi TVL Tests Extremes as Market Looks to Sustain Ongoing Recovery

Following the latest flash crash that offset the recent price run in the digital currency ecosystem, the decentralized finance (DeFi) ecosystem has picked up a recovery that is evident in its Total Value Locked (TVL). According to data from DeFiPulse, the current TVL for all of its listed DeFi protocols was pegged at $86.9 billion at the time of writing. The core growth metric for the DeFi ecosystem has seen very sharp fluctuations since the beginning of the week.