The total value locked (TVL) in multiple cryptocurrency projects has experienced significant growth according to a research document by Phoenix Group. TrueFi (TRU) is the top project with a 424% surge and a $260.2k increase in TVL. Other projects with notable TVL growth include Mint ($MINT), Maple ($MPL), Zircuit ($ZRC), Note ($NOTE), Euler ($EUL), Velodrome ($VELO), Level ($LVL), Earn Network ($ERN), Tokenlon ($LON), Idle ($IDLE), Puffer ($PUFFER), Blue ($BLUE), and Cheese Pool ($CPOOL). The increasing TVL in these projects indicates a growing popularity and trust in decentralized finance (DeFi) markets. This growth demonstrates increased liquidity, project participation, and market confidence in the DeFi sector.



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