According to BlockBeats, the Total Value Locked (TVL) in Ethereum's liquidity pledge protocol has fallen to $8.698 billion on April 14. The top three protocols in terms of TVL are ether.fi, Renzo, and Puffer Finance.
Ether.fi's TVL stands at $3.348 billion, marking a decrease of 2.69% over the past week. Renzo's TVL, on the other hand, has increased by 5.96% over the same period, reaching $2.728 billion. Puffer Finance's TVL is $1.127 billion, which represents a significant decrease of 11.74% over the past week.
These figures reflect the dynamic nature of the DeFi market, with TVLs fluctuating based on a variety of factors including market conditions, investor sentiment, and protocol performance. The drop in Ethereum's liquidity pledge protocol TVL indicates a shift in the market, though the specific causes and implications of this shift are yet to be fully understood.
