Ethereum TVL fell steeply in the second week of May due to decreased investor interest in decentralized finance and the entire crypto finance market.
Ethereum has dominated the decentralized finance (DeFi) space for a long time. According to Be[In]Crypto research, the blockchain that controls DeFi has lost 36% in total value locked (TVL) since the first day of the year. On that day, Ethereum had a TVL of approximately $146.77 billion, and this decreased to around $93.9 billion on May 10,…
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