Terra attacks Ethereum – rises to become the second largest DeFi blockchain
With over 21 billion US dollars in bonded values, the Defi-Blockchain Terra has overtaken the Binance Smart Chain and thus achieved second place after Ethereum. Far fewer projects are enough for Terra.
The “Total Volume Locked” (TVL) denotes the sum of funds that are tied up in a Defi-Blockchain (or a project, depending on how you look at it). According to Defi Llama, the Terra blockchain now comes to over 21 billion dollars in just 13 projects. It now holds the second highest TVL of all Defi networks. Coinbase reports. More on the subject of five …
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