Total value locked () in managed to break through the $200 billion mark as the crypto market recovered from last week’s downturn. Several native assets from smart contract protocols have seen double-digit gains with Cypherium (CPH), Counterparty (XCP) and () leader.

in on all The top hit a low of $185.9 billion on Jan. 28 and is up 10,61% since that day. Domination of is 8,68% at the moment with TVL 17.5 billion USD, but has decreased by 7,33% compared to last week.

TVL in DeFi returns to $200 billion mark

Total value locked in DeFi | The source: Defillama.com

still holds the most TVL in DeFi by related with 109.61 billion USD, accounting for 55,94%. Followed by (19.89 billion USD), Chain ($11.78 billion).

The figures of Defillama.com show to be The largest DeFi today with 138 protocols and holding $52.66 billion TVL.

In terms of smart contracts, Counterparty (CPH) was the week's biggest gainer with 330%. Followed by Counterparty (XCP) with a gain of 54% and third place goes to Terra () with 52%. At the time of writing, the total value of all the native tokens of the smart contract platform in existence is $611 billion, down 0.3% over the past day.

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Regarding the cross-chain bridge platform, there is 23.63 billion USD of TVL at the moment, an increase of 16.6% compared to last week. The number of unique addresses that sent funds on the bridge in the last month was 57,911.

TVL in DeFi returns to $200 billion mark

Source: Coin98 Analytics

Top 5 blockchains in terms of cross-chain bridge TVL at the moment include Avalanche, Polygon, Fantom, Ronin and . Furthermore, data collected by Coin98 Analytics from Santiment indicates that has the most number of active developers as of February 19, 2022, followed by , , , and Terra.

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