Berachain Ecosystem Experiences Decline in DeFi Protocol TVL

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AI Summary

Berachain's DeFi protocol TVL has declined by 10% to $3.15 billion, potentially indicating a shift in investor sentiment and a potential impact on future growth prospects.

According to BlockBeats, data from DefiLlama indicates that the total value locked (TVL) in Berachain's ecosystem DeFi protocols has decreased to $3.15 billion, marking a 10% drop from last week's peak of $3.495 billion. The top three protocols in the ecosystem are the liquidity staking protocol Infrared Finance, and the decentralized exchange (DEX) protocols Kodiak and BEX.
The 24-hour trading volume for Berachain's ecosystem DEX stands at $98.77 million, while the market capitalization of stablecoins within the ecosystem is reported to be $1.143 billion.

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Berachain Ecosystem Experiences Decline in DeFi Protocol TVL

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