Despite the ongoing market downturn, the total value locked in DeFi Smart Contracts remains above $60 billion.

Despite the current bear market in the cryptocurrency market, the decentralized finance (DeFi) ecosystem continues to show power, with the cumulative Total Value Locked (TVL) on major Defi smart contracts remaining above the $60 billion all-time high (ATH). DeFi Smart Contracts Despite the prevailing bearish trend in the markets, data from DeFiPulse, a decentralized finance…