🚀 DeFi's Total Value Locked (TVL) is soaring, nearing 2021's peak, thanks to liquid restaking tokens (LRTs) and Bitcoin-native layer 2 networks! 📈 With a 150% increase this year, TVL now stands at a whopping $134 billion.
- EigenLayer, a major player, launched in 2023, boasting $17 billion in TVL.
- Ether.Fi, Renzo, and Kelp are riding the LRT wave.
- Lido leads the pack with $40 billion staked.
Bitcoin L2s aren't slacking either, with $2.5 billion in TVL. Lombard and Solv are leading the charge.
What do you think about these trends? Share your thoughts below!