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Decentralized finance TVL rebounds to $100 billion after July low

Over the 30 days from June 19 to July 19, the total locked-in value (TVL) of decentralized finance (defi) fell below the $100 billion mark, touching a low of $86.30 billion on July 7, 2024. However, TVL has remained above the $100 billion threshold for the past three days. Among them: Lido leads DefiTVL, up 16.85% since the beginning of July. Re-pledge agreement Eigenlayer followed with a market cap of $15.87 billion; Aave came in third with $13.36 billion.