tldr; The DeFi ecosystem saw a 10% increase in total value locked (TVL) in September, reaching $133 billion. Major contributors were decentralized exchanges and liquid staking protocols. Solana’s TVL grew 17.9%, driven by liquid staking and DEXs, with Raydium and Jupiter showing significant growth. Ethereum’s Base network saw a 51% increase, surpassing $2 billion in TVL. Sui and Aptos also experienced notable growth, with Sui’s TVL increasing by 83% and Aptos by 36.6%, primarily due to DEX and staking activity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Some fundamentally good news for Crypto.
tldr; The DeFi ecosystem saw a 10% increase in total value locked (TVL) in September, reaching $133 billion. Major contributors were decentralized exchanges and liquid staking protocols. Solana’s TVL grew 17.9%, driven by liquid staking and DEXs, with Raydium and Jupiter showing significant growth. Ethereum’s Base network saw a 51% increase, surpassing $2 billion in TVL. Sui and Aptos also experienced notable growth, with Sui’s TVL increasing by 83% and Aptos by 36.6%, primarily due to DEX and staking activity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.