Against the backdrop of the elections in the USA and hopes for regulatory clarity, DeFi tokens such as CRV, ENA, DYDX, and LDO skyrocketed by over 50% in November. 📈

CRV rose by 120.23%, ENA by 77.6%, DYDX by 53.7%, and LDO by 64.9%. PancakeSwap, Uniswap, and SushiSwap also showed impressive results.

The total value locked in DeFi reached $118.4 billion, a three-year high. However, Bitcoin's dominance is declining, opening up opportunities for altcoins.