DeFi TVL Crosses $100B As Lido Finance (LDO) Staking Hits $38.7B

The decentralized finance (DeFi) ecosystem total value locked (TVL) has crossed the $100 billion level for the first time in nearly two years. DefiLlama’s latest data on March 9, 2024, indicate that DeFi protocols have TVL globally amounting to $100.1 billion. This revival in the DeFi space represents a significant comeback, however, it is still below the all-time high of $189 billion reached in November 2021.