Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26% – Bitcoin News

, in terms of TVL, is 62.63% of the total value locked in decentralized finance on Saturday.The second-largest TVL belongs to Terra as the network commands $19.01 billion, but that’s only 8.12% of the aggregate TVL in defi. While Terra’s TVL in defi jumped 22.03% this week, it is followed by Binance Smart Chain with $15.21 billion.

Meanwhile, Fantom’s TVL jumped higher than Terra’s this past week increasing 26.33% to $7.12 billion. Osmosis increased 18.60% this week rising to a $1.36 billion TVL in its defi protocols. A number of defi chains saw TVL increases this week except for Ethereum, BSC, and HECO. Defi chains that saw TVL increases include Terra, Avalanche, Solana, Fantom, Polygon, Tron, Arbitrum, Cronos, Osmosis, Klaytn, Waves, and Harmony.In terms of non-fungible token

across the myriad of blockchain networks, Ethereum is the most dominant chain. Ethereum’s NFT sales are followed by NFT sales on networks like Solana, Ronin, Flow, and Wax.Ethereum’s NFT sales saw a 51.29% increase during the last 24 hours while Tezos NFT sales jumped by 33.16% during the last day. Moreover, the Looksrare NFT marketplace is still seeing a lot more daily volume than Opensea’s 24-hour NFT volume.

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