Curve’s TVL plummeted 65% compared to the beginning of the year
Curve used to be the most locked-in value decentralized app for a long time. However, Curve has lost 65% of its TVL since the start of the year. On January 5, TVL was at around $24.3 billion but dropped to $8.5 billion on May 14, according to Defi Llama.
Although TVL is decreasing, Curve still holds a larger share of TVL market than Lido, Aave, Convex Finance, Uniswap, Compound, PancakeSwap, Instadapp, SushiSwap and Balancer.