DeFi Begins Recovery As TVL Exceeds $45 Billion
The bear cycle caused a lot of downturns in many sectors of the We3 industry including DeFi. However, following the ongoing so-called ‘mini bull run,’ we’ve seen DeFi TVL start to recover from the lower lows and surge by nearly 20% since the beginning of the year.
Lido Finance Up 8% After Overtaking MakerDAO’s TVL
Lido Finance’s LDO token is up by almost 8% in the past 24 hours, reaching a weekly high of $1.26 earlier today.