Avalanche Takes Lead in DeFi with 8.55% TVL Growth

The DeFi landscape is buzzing with activity, with Avalanche emerging as the frontrunner for Total Value Locked (TVL) growth. In the past month, Avalanche has seen a remarkable 8.55% increase in TVL, outpacing Ethereum’s slight decline of 9.92%. This surge can be attributed to successful DeFi incentive programs and protocol launches, which have significantly boosted the chain’s momentum.