Polygon DeFi TVL Rises 43% in 2025 Driven by QuickSwap and Polymarket

Polygon’s decentralized finance ecosystem reports a significant TVL increase this year, with leading contributions from QuickSwap and Polymarket.

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Terms & Concepts
  • DeFi: Short for decentralized finance, it refers to blockchain-based financial services that operate without traditional intermediaries like banks.
  • TVL (Total Value Locked): A metric representing the total capital deposited in a blockchain’s DeFi protocols, often used to gauge adoption and growth.
  • Polygon: A blockchain scaling solution for Ethereum, designed to offer faster and cheaper transactions through sidechains and layer-2 technology.