DeFi activity on Ethereum network continues to drop- Here’s why

According to data from DefiLlama, the total value locked (TVL) for all decentralized finance (DeFi) protocols housed within different chains stood at $59.18 billion. Impacted by the general decline in the cryptocurrency market, the TVL within the DeFi ecosystem has declined by 65%.   Built on the Ethereum network, MakerDAO, with a TVL of $7.94 billion, […]