DeFi TVL Soars 72% to $94 Billion This Year: Binance

The DeFi space has recorded inflows in the first six months of the year with total value locked (TVL) soaring to $94.1 billion, a 72.8% increase. This growth is seen in almost all sectors of the digital asset market as sentiments continue to soar. The crypto market has notched huge institutional inflows following the approval of spot Bitcoin ETFs.