#StablecoinLaw TVL DeFi rises to a 3-year high – the ultimate sign of a bull market?

Total Value Locked (TVL) in DeFi has increased to $137 billion, reflecting a 57% rebound from the April low.

The growth of the DeFi sector is driven by renewed institutional interest and a broader rally in the cryptocurrency market.

Nevertheless, DeFi TVL remains 30% below its all-time high of $177 billion, reached in November 2021.