skip to Main Content
bitcoin
Bitcoin (BTC) $ 97,995.26 1.24%
ethereum
Ethereum (ETH) $ 3,431.72 4.43%
tether
Tether (USDT) $ 1.00 0.06%
solana
Solana (SOL) $ 256.81 1.41%
bnb
BNB (BNB) $ 658.93 5.76%
xrp
XRP (XRP) $ 1.49 4.33%
dogecoin
Dogecoin (DOGE) $ 0.43148 7.08%
usd-coin
USDC (USDC) $ 1.00 0.08%
cardano
Cardano (ADA) $ 1.06 9.58%
staked-ether
Lido Staked Ether (STETH) $ 3,429.76 4.31%

Terra Network (LUNA) TVL Hits ATH at $20 Billion, Surpasses Binance Smart Chain

Terra – a popular open-source stablecoin network – recently surpassed $20 billion in TVL across its Defi protocols. It now holds more locked value than Binance Smart Chain (BSC). 

  • According to Defi Llama, TVL on Terra began ramping up in late November and early December. By December 16th, the network had over $13 billion locked up.
  • Value began pouring in after that, accruing another $3 billion within just 3 days. TVL peaked on Wednesday at over $20 billion and now sits at $19.58 billion. 
  • This is well over the value currently locked on BSC, which has been stuck under $17 billion over the last two weeks. 
  • Terra now has the second-highest TVL of all networks listed on Defi Llama. It is only dwarfed by Ethereum, which dominates Defi with a TVL of $156 billion.
  • Value has largely accrued to the TerraSwap and Anchor (ANC) protocols, which have undergone 89% and 44% TVL increases over the last 7 days. 
  • LUNA’s price has soared as well. It recently tapped an-all time high above $97 following a 50% rise on the week. It has since pulled back to $87, according to Binance.
  • The recent price push has put Terra among the top ten crypto’s, pushing out Polkadot as #9.

    Terra TVL. Source: DeFi Llama

Loading data ...
Comparison
View chart compare
View table compare
Back To Top