Wormhole reclaims $1B TVL, Hedera’s $408M development fund: Finance Redefined
Wormhole reached a peak TVL of $3.8 billion shortly before the collapse of the Terra ecosystem and the onset of the crypto winter.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
The past week in DeFi saw major market developments right from the Wormhole reclaiming $1 billion total value locked in the bridge nearly two years after the infamous hack. On the other hand Hedera Governing Council
The top-100 DeFi tokens had a bearish week owing to the wider market bearish momentum as majority of the tokens traded in red on the weekly charts.
...