The DeFi sector continues to rise, showcasing the trust among investors. This week, the well-known DeFi projects in terms of total value locked (TVL) include LIDO, Aave V3, EigenLayer, Maker DAO, and Rocket Pool. The market data reveals a surge in the position of these projects including the factors like price and market cap.
LIDO Dominates the DeFi World in Terms of Total Value Locked
The top DeFi project in the case of total value locked is LIDO. The project reportedly has a TVL of up to $33.98 billion. Over the past seven days, the project has reportedly made a significant jump of 11.98% in TVL. Another popular DeFi project named “Aave V3” has effectively secured the 2nd position with its total value locked reaching $11.43 billion.
EigenLayer Sees a 6.59% Dip in TVL
The DeFi project has reportedly seen an 11.72% increase in its TVL during this week. The 3rd DeFi project in this list is EigenLayer. As per the statistics, it has a substantial TVL of nearly $8.69 billion. However, the DeFi project recorded a decrease in its TVL during this week. It has reportedly experienced a 6.59% decline in its total value locked.
Maker DAO stands in the 4th spot with its TVL touching the high figure of almost $5.83 billion. The DeFi project has made a spike of up to 11.2% over the past 7 days. The last DeFi project in the list is Rocket Pool with a TVL equaling $4.28 billion. It witnessed an 11.92% increase in total value locked over this span.