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It was another growth week for DeFi, as we saw the ecosystem’s total value locked (TVL) rise from $61B to $65.06B since this point last Saturday.
While that’s certainly not a major growth spurt compared to some inter-week TVL movements we’ve seen in the space, it appears the bleeding has stopped after the recent crypto economy sell offs — at least for now!
TVL increase is great news for us no matter how you look at it — it’s a signal saying the DeFi market is showing steady growth, and we are happy to find ourselves at the origins of this new tech!
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