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Exploring Total Value Locked (TVL) Dominance Across Crypto Markets

  • Total Value Locked (TVL) has become a crucial indicator in the crypto space, reflecting the strength of different DeFi protocols.
  • In the realm of decentralized exchanges (DEXs), Uniswap leads with over 25% of the total TVL.
  • In the lending market, Aave is the leader followed by JustLend, indicating a reduction in dominance among the top protocols.
  • Lido Finance dominates the Liquidity Staking category with a 56.5% share of the total TVL.

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