Just Four DeFi Protocols Top $10 Billion in TVL Amidst Market Volatility

Recent market fluctuations and withdrawals have impacted DeFi protocols, with only four standing above $10 billion in Total Value Locked (TVL), according to DeFiLlama data reported by Odaily. Aave, Lido, EigenLayer, and Binance staked ETH currently hold this distinction as they’ve weathered the recent downturn better than many of their counterparts. The past month has seen most leading protocols experience over 10% drops in TVL.