💹 DeFi Booms in 2024: TVL Hits $94 Billion 💹

Decentralized Finance (DeFi) is having an incredible year, with total value locked (TVL) soaring by 72.8% to $94.1 billion. Binance’s report highlights the growing popularity of DeFi protocols and the increasing importance of Layer 2 solutions. As the DeFi ecosystem expands, Binance continues to offer a range of DeFi services that cater to users looking for alternatives to traditional finance.

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