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The DeFi realm keeps on rising, displaying a resilient investor trust. The top DeFi projects this week based on total value locked take into account LIDO, Aave V3, EigenLayer, Maker DAO, and Rocket Pool. The data discloses that the respective projects have several factors responsible for their progress including market cap and price.
LIDO Rules the DeFi Market with a Massive TVL
LIDO has once again secured the top position in the case of total value locked. According to the statistics, the DeFi project possesses a TVL of up to $32.11 billion. The respective amount indicates a decrease of 5.51% in LIDO’s TVL over the past 7 days. Despite the recent decline, the overall total value locked of LIDO places it well above the other projects.
Aave V3 takes the 2nd position among the DeFi projects when it comes to TVL. It owns $11.08B in its total value locked. This figure signifies a 3.06% plunge over the last seven days. The 3rd spot is occupied by EigenLayer (a well-known name in the sector of decentralized finance). The DeFi project reportedly has a total value locked of up to $8.69 billion worth. EigenLayer’s TVL has gone through a 6.59% slump in the recent 7 days.
Maker DAO Secures $4B in TVL with a 6.48% Dip Seen This Week
Maker DAO has effectively gained the 4th place with $5.49B in its TVL. The DeFi project’s TVL has experienced a 5.86% dip this week. The top 5th DeFi project is Rocket Pool with a TVL of almost $4 billion with a 6.48% decline seen in the last seven days.