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TRON Hits $89.2B Stablecoin Record While DeFi Shrinks for Fourth Straight Quarter
['Evie Vavasseur']
The Currency analytics
Total value locked across TRON’s DeFi ecosystem fell 1.9% to $4.4 billion.
That’s a meaningful loss of dominance for a protocol that basically is TRON’s DeFi scene.
A 10.5% TVL drop for the dominant protocol on a network that’s otherwise setting records is a strange combination.
DEX volumes falling for four straight quarters while stablecoin transfer volumes keep climbing paints a network that’s bifurcating.
What happened to TRON’s DeFi total value locked last quarter?