Even after hitting a TVL high of $289.22 billion in early April, the industry has been shaky. The TVL of the DeFi market is 133.34 billion U.S. dollars and has been considering pledged governance tokens and tokens borrowed in the LP lending agreement and repeated calculations.
In the TVL ranking of DeFiTVL aggregator DeFiLlama, AAVE (AAVE), MakaderDAO (MKR), Curve (CRV), SushiSwap (SUSHI), and Lido (LDO) rank in the top five.
AAVE became negative 0.37% in a single day, and the TVL was $12.18 billion. DeFiLlama's leading data dapp has a dominance of 9.13%. As of this writing, AAVE is down 35.05% over the past month.
It lags behind AAVE by nearly $3 billion in TVL, with a negative change of 2.28% in the past day. The one-month drop was almost similar to that of AAVE, down 32.19%. CRV and SUSHI have each lost 24 hours .22% and 1.29% in the past 24 hours.
Moving away from the top five is Cardano`s top dapp in terms of TVL – Minswap (MIN). MIN has been on a downward trend for the past few weeks, down 44 hours.79% in 24 hours and down 40%.22% in the last month. As of press time, Minswap has a TVL of US$54.78 million.
Notably, Cardano TVL is down 62% from its all-time high. TVL in the past week because of investors' loss of interest in investors' investment dapps and the current situation in the crypto market. Cardano's data is high, but its locked value is still higher than Gnosis, Fision, Eos, Terra, Astar and Algorand.
