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DeFi market recovers from 30-month low as volume hits highest point since March

Total value locked across DeFi protocols has risen from $35.8 billion to $42 billion in two weeks. Over the past two weeks, ETH has rallied from $1,590 to $1,810, while Lido (LDO) and Aave (AAVE) have posted 25% and 34% moves to the upside, respectively.

 

"The resurgence of the DeFi market is based on two factors: rising asset prices and fresh inflows from participants that aim to generate a yield through staking and lending."

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defi, crypto, web3, prices, price action, uptober, eth, ldo, aave, portfolio, portfolio news, portco