Avalanche’s locked total (TVL) is approaching BNB.
According to DeFi LIama data, Avalanche’s (AVAX) total unlocked value has exceeded $11 billion. This is how Avalanche came close to BNB. According to the data, TVL is 13.2 billion dollars in BNB, while this figure is 11.18 billion dollars in AVAX. Phantom (FTM) follows AVAX with $8.57 billion.
AAVE ranks first in the Avalanche network. Total TVL for AAVE currently stands at about $3.25 billion. It has risen 7.44% since February 7. Second on the network is the decentralized platform Trader Joe, which currently holds $1.55 billion in TVL. Trader Joe’s is up 6.35% in the last 7 days.
As for AVAX competitors, Ethereum ranks first in total locked value. TVL on Ethereum is $127.43 billion. Second place is Terra (LUNA) with $16.35 billion.
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