The crypto economy has seen a 2.45% increase in the last day, bringing the total value locked (TVL) in decentralized finance (defi) protocols close to $100 billion. Currently, the TVL stands at $94.491 billion, just $5.509 billion away from the significant milestone. The top three defi protocols are Lido, Aave, and Eigenlayer, each experiencing double-digit growth over the past month. Alongside this increase in TVL, defi and smart contract token values have also risen, with Ethereum and Solana showing significant gains. The smart contract crypto market's cap is currently $638.12 billion, with Ethereum holding over 55% of the TVL in defi. This growth in defi reflects a strong interest in decentralized financial solutions, highlighting defi's growing significance in the financial ecosystem. Additionally, the contributions across various blockchains demonstrate the decentralized nature of defi and its potential to become a secure and integral part of global finance.
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