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DeFi assets represent a combined market capitalization of $48.5B after gaining more than 5% over the past three days (concluding May 2023), according to CoinGecko.
The total value locked in DeFi products grew by $1.5B over the past three days, bringing the sector’s total above $48B—three-quarters of the top 100 protocols posted TVL growth for the past week.
Lybra Finance, an Ethereum-based stablecoin protocol offering 0% maintenance and minting fees, posted a 181% increase in TVL to $170M in the past week.
The total value locked in DeFi products grew by $1.5B over the past three days, bringing the sector’s total above $48B. Three-quarters of the top 100 protocols posted TVL growth for the past week. Lybra Finance, an Ethereum-based stablecoin protocol offering 0% maintenance and minting fees, posted a 181% increase in TVL to $170M in the past week.
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