Which cryptocurrencies have the highest total value locked in DeFi?

1 answers

• mahdJul 01, 2024 · a year ago
  According to recent data, the cryptocurrencies that currently have the highest total value locked in DeFi are Ethereum (ETH), Binance Coin (BNB), and Chainlink (LINK). Ethereum, being the pioneer in smart contract technology, has the largest share of the total value locked. Binance Coin, the native cryptocurrency of the Binance exchange, has also gained significant traction in the DeFi space due to its utility and wide user base. Chainlink, with its decentralized oracle network, plays a crucial role in connecting off-chain data with DeFi applications. These three cryptocurrencies have proven to be the leaders in the DeFi ecosystem, but it's important to keep an eye on emerging projects and trends as the landscape continues to evolve.
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