DeFiLlama, the largest data aggregator and dashboard for Decentralized Finance (DeFi), has revealed the list of Top Crypto Projects by weekly TVL Growth. Total Value Locked (TVL) means the total dollar value of cryptocurrency assets locked within a certain decentralized finance (DeFi) protocol.
Altura ($ALU) stands at the first position with $10.2M in TVL, after getting the change of +45.4%, in the list of other top projects over the past 7 days, with a market cap of $4.3M.
Subsequently, SynFutures ($F) is the runner-up in this race with $4.6M in TVL, with increases of +40.2% along with a Market Cap of $20.1M. The difference between these two Projects is $5.6M. It shows that Altura ($ALU) won the tough competition with SynFutures ($F). Phoenix has released this news through its official X account after collecting data from different platforms.
$APW and $QUBIC show a Huge Difference in Terms of Market Cap
APWine Finance ($APW) and Qubic ($QUBIC) got third and fourth position with $44.6M after getting +31.3% increase and 198.8K with +20.6% increase in value, in TVL, and having a Market Cap of $2.1M and $120.4M, respectively. These two Projects show a massive difference in terms of Market Cap, about 118.3M.
In addition, Centrifuge ($CFG) stands with $1.4B with a change of 16.4% in TVL, and Rain Protocol ($RAIN) at a new value of 4.0M after getting an increase of +10.8% in TVL, having a Market Cap of $78.3M and $4.0B, respectively.
Derive and Notional Drive Weekly DeFi Growth Momentum
More projects are fighting to survive in this list over the past week. In this Derive Protocol ($DRV) and Notional Finance ($NOTE), gained $90.4M with an increase of +8.7% and $16.1M with an increase of +6.7%. Derive Protocol ($DRV) has a market cap of $82.4M.
Spark Protocol ($SPK) and Euler Finance got 2nd last and last position with $5.1B after getting a +5.1% increase in TVL and $540.2M after gaining a +3.3% increase in TVL, respectively. Spark Protocol ($SPK) and Euler Finance have market caps of $38.5M and $20.5M.
