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Several Open Chains of 90 +% since the last cycle

Northern Korean hackers and broken chain projects have left several decentralized finances blockains, which is fighting, with tens of millions in users.

Data from shares show that multiple DEFs of chains lost about 90% of the total customer deposits over the years, especially since the last cryptic cycle. Analyst at the 0ktoor chain identified Etherum Virtual Machine compatible compatible in compatible harmony as the largest decline in terms of the overall value locked.

Harmony launched its main Majnet in 2019. years, two years before the previous bike driving and its peak 2021. years. By January 2022. Harmoni had TVl reached all the time, exceeds $ 1.4 billion.

Several Open of 90 +% since the last cycle - 1
Harmoniv TVL Down 99% | Source: Defiles

Six months later, in June, the North Korean Hacker Group Lazarus stole 100 million dollars from the Harmonian Horizontal Bridge in one of the definites the biggest hacking To date. They moved constantly reducing the backrests of harmony from that point. The protocol held $ 1.7 million in TVL in publication during 99% of 2022. years.

Defi TVL for projects like Aurora, Moonrise, Canto and EVMOS also crashed at least 90%. Even a polygon, a popular Ethereum-based solution, has lost 92% of its TVL. Cripto is deposited on L2 of $ 9.9 billion in 2021. to 700 million dollars in early 2025. years. “Many TVL charts will look like this over the coming years,” 10.Tobra has been tweetied 10. February.

Total Defi’s TVL currently treats above 106 billion dollars, up to $ 175 in 2025. Years. Despite the large protocol, projects such as a base in incubation of tavern and inserting Bitcoin deficiency can launch an ecosystem on a chain to new heights accelerate new heights accelerate.

https://crypto.news/app/uploads/2023/05/Bumpers-Breakthrough-DeFi02.jpg

2025-02-10 20:59:00

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