#De.Fi Defi Llama data reveals a $2 billion surge in global defi total value locked (TVL) within the last 24 hours, reaching a new milestone at $55.34 billion. Decentralized exchanges dominate trading volume by 11.9%, clocking in at $2.6 billion during this period.

This surge in defi coincides with heightened investor interest as the broader crypto market gains momentum post-Christmas holidays. CoinGecko data indicates a 6.6% increase in the global crypto market cap, reaching $1.84 trillion within the last 24 hours. The overall cryptocurrency trading volume, according to CoinGecko, has surged from $61 billion to $84 billion during this period.