Decentralized Finance (DeFi) Protocols Demonstrate Continued Shifts in Total Value Locked (TVL)
Decentralized finance (DeFi) protocols have shown continued shifts in total value locked (TVL) because multiple projects achieved substantial weekly growth. QuickSwap ($QUICK) achieved the highest growth rate in the market after its TVL increased by 237% based on updated data.
TOP PROJECTS BY WEEKLY #TVL GROWTH
$QUICK, $ALPHA, $NOTE, $THL, $ZERO, $DF, $AERO, $EUL, $MGP, $INV, $ICHI, $CRV, $T, YFI, EIGEN
— PHOENIX – Crypto News & Analytics (@pnxgrp) March 23, 2025
According to the recent data from Phoenix group, TVL on QuickSwap surged to $120.6 million for the most prominent weekly surge. Alpha ($ALPHA) and Note ($NOTE) demonstrated notable progress by growing 42.3% and 39.5% respectively. The DeFi platforms THL and Zero ($ZERO) generated 38.3% and 32.4% growth, which solidified their positions in the top rankings.
Top Projects by TVL Expansion
The DeFi and Liquidity mining sector demonstrated strong growth during the past week. DF recorded a 30.4% increase in TVL, followed by Aero ($AERO) with a 29.7% gain and Euler ($EUL) with a 23.1% rise. Meanwhile, Maple Finance ($MGP), Inverse Finance ($INV), and ICHI showed TVL increases of 19.6%, 17.0%, and 13%, respectively.
During the week, QuickSwap obtained the most substantial TVL growth when its assets reached $120.4 million. QuickSwap leads the DeFi market by achieving the greatest TVL advancement compared to other platforms.
Two significant DeFi projects boosted their TVL growth where Alpha Venture DAO achieved a total value locked of $622.2 million and Notional Finance reached $36.4 million in locked value. The total value locked in Thala Labs reached $130 million during the period, and ZeroLend achieved a locked value of $64.1 million.
Market Capitalization and DeFi Growth
The crypto market demonstrates similar TVL trends with the current market expansion. QuickSwap’s total market capitalization reached $20.3 million, while Alpha and Note demonstrated values of $36.6 million and $1.1 million, respectively.
Alternative projects like Euler and CRV demonstrated continuous capitalization growth through their DeFi market influence, which amounted to $123.5 million and $644.5 million, respectively. The rising total value locked indicates that users dedicate more assets to lending activities, stake assets, and create liquidity pools through multiple protocols.
DeFi investor diversification of their assets continues to boost on-chain operations and expansion. DeFi project TVL has experienced its most recent record increase, indicating a changing platform liquidity distribution.