🚀 There’s a new player in the DeFi world! The Symbiotic protocol, launched in June, has already reached $1.24 billion in TVL! 💰

- Symbiotic offers re-staking like EigenLayer, but with support for multiple ERC-20 tokens.

- Mellow became the leader among Symbiotic protocols with almost $600 million in TVL.

The future looks bright for Symbiotic and DeFi! 🌟

#DeFi#CryptoNews #Symbiotic