HomeUncategorizedFriend.tech TVL tops $20M weeks after being declared ‘dead’ By Cointelegraph

Friend.tech TVL tops $20M weeks after being declared ‘dead’ By Cointelegraph

September 11, 2023

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Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days.

Only two weeks ago, critics declared the platform “dead” after activity on the app looked to be fizzling out.

Total value locked and fees on Friend.tech since Aug. 10. Source: DeFiLlama
Trading volume and number of traders on Friend.tech since inception. Source: Dune Analytics