Data: The total TVL of lending protocols across the network has plummeted by nearly $12 billion, possibly due to the collapse of multiple projects.
ChainCatcher News, according to DefiLlama data, the total TVL of lending protocols across the network is currently reported at $68.342 billion, a decrease of $11.96 billion from $80.302 billion.
During the same period, the total market capitalization of stablecoins also saw a significant decline: over the past week, it dropped by 0.71%, with a decrease of $2.17 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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