DeFi TVL Hits $192B for First Time in 15 Months
Crypto locked in DeFi apps surged 17% in May, reaching $192 billion, the highest since February 2022. This increase was driven by rising ETH prices and more trading activity. Ethereum led with $130 billion TVL (68%), followed by Solana with $10.9 billion (5.7%). Despite this growth, unique active wallets (UAW) in DeFi dropped by 21% …