Bitcoin Surge Propels DeFi TVL Past $100 Billion Milestone

The total value locked (TVL) in decentralized finance (DeFi) has surpassed a significant milestone of $100 billion. This surge has been propelled significantly by the escalating price of Bitcoin. Bitcoin’s recent bull run has played a significant role in driving up the TVL. The figure is a measure of the total assets committed to the smart contracts of DeFi applications. Such an achievement indicates a striking level of capital commitment to blockchain-based financial applications, demonstrating the growing interest, trust and usage of De