The amount of BTC locked in decentralized finance projects increased by more than 30% in the past week, despite falls in the price of (BTC) and (ETH).
The total USD value locked (TVL) can go up and down with markets, even in the absence of a change in the number of tokens locked. In the past week, the TVL dropped from the ATH of $9.6 billion on Sep 2 to $6.11 billion on Sep 10 before climbing back to $7.82 billion.
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