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The Daily Hodl 2024-09-07 00:00:48

DeFi Total Value Locked Plummets by 14% in August and NFT Trading Volume Drops by 16%: DappRadar

New data from market intelligence firm DappRadar reveals that the total value locked (TVL) in decentralized finance (DeFi) plunged during the month of August. In its industry report for August 2024, the crypto analytics platform unveils that while last month saw a record number of crypto wallets interacting with decentralized applications (DApps), both the TVL The post DeFi Total Value Locked Plummets by 14% in August and NFT Trading Volume Drops by 16%: DappRadar appeared first on The Daily Hodl .

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