DeFi tokens are soaring as November wraps up, fueled by investor optimism post-U.S. elections and potential regulatory clarity. Tokens like Curve Finance (CRV), Athena (ENA), dYdX (DYDX), and Lido (LDO) have seen impressive gains, with CRV up 120.23% in the last 30 days. PancakeSwap (CAKE), Uniswap (UNI), and SushiSwap (SUSHI) also posted significant increases. DeFi's total value locked hit $118.4 billion, a three-year high. Analysts note a shift towards altcoins, driven by diverse investment narratives and Gary Gensler's SEC resignation. Bitcoin remains around $96,000, with its market cap dominance declining.
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