Major breakout, DeFi surges past the $10 billion mark! The market recovery horn has sounded!

After a month of silence, decentralized finance (DeFi) is firing on all cylinders, with the total value locked (TVL) soaring to $100.6 billion, strongly recovering from April's decline! Aave and Lido have emerged as leaders, occupying 19.63% and 16.93% of the market share respectively, with the duo collectively supporting over 30% of the landscape.

Ethereum remains the king of DeFi, holding half of the market, while Solana, BSC, Bitcoin chain, and Tron follow closely behind, together commanding 76% of the funding pool. Although Google search interest has slightly cooled, funding data is quietly accumulating, suggesting that a cross-chain feast is brewing. The return of the DeFi king, the real frenzy may just be beginning!

4o