@fredahuggins
The total value locked in DeFi protocols rebounded strongly in 2024. Growth was fueled by innovations like liquid staking, cross-chain bridges, and new yield-generating instruments. Leading protocols showed notable TVL increases, reflecting improved user confidence and adoption. Institutional interest in DeFi also contributed, as investors sought higher yields and diversified exposure. Overall, the trend indicates that the DeFi ecosystem is recovering from previous market contractions, gaining traction across both retail and institutional participants. Continued innovation and integration with mainstream finance are likely to sustain TVL growth moving forward.