Analysis
Total Value Locked in DeFi Increased by 47% in April
Total value locked (TVL) across the spectrum of smart contracts, protocols and DApps built on Ethereum increased by 47% in April: $43.3B —> 63.7B. A new ATH in TVL of $63B was registered on April 28.
Worth noting that since the April of 2020, TVL in DeFi has surged by over 8,136%.