Liquid staking solutions now have more TVL than DEXs: DefiLlama By Cointelegraph

Liquid staking solutions such as Lido and Rocket Pool (NASDAQ:) now have more total value locked (TVL) than decentralized exchanges (DEXs), making them the top category of DeFi protocols, according to data from crypto analytics platform DefiLlama.

TVL is a metric that measures the dollar value of all cryptocurrencies locked within a protocol’s smart contracts.