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Solana DeFi TVL Surpasses 80 Million SOL to Hit New All-Time High

The total value locked on the Solana blockchain has exceeded 80 million native tokens, marking a historic peak for the network.

SOL

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Terms & Concepts
  • Total Value Locked (TVL): A metric representing the aggregate amount of capital deposited into decentralized finance protocols.
  • Solana (SOL): A high-performance layer-1 blockchain known for its speed and low transaction costs, with SOL as its native token.
  • DeFi: Short for Decentralized Finance, an ecosystem of financial applications built on blockchain networks without traditional intermediaries.