#DeFi tokens in particular performed much better in this regard. The market cap is now above $ 2 trillion and the goal is to regain market value lost in the past few weeks. DeFi 's #TVL improved after the initial drop, according to the chart below.
According to the chart above, TVL has risen steadily since March 25, 2021, and gained a good rise in April. The most important projects contributing to DeFi's return are lending protocols. #Compound ( #COMP), #Maker ( #MKR) and #Aave ( #AAVE) are the most important of these projects. These three projects are also the best in terms of #TVL.
There are also different projects that can attract the attention of individual investors. #Polygon (#MATIC), which has gained over 13% in the last 24 hours, is another project that needs attention. #DeFiPulse's other loan projects include projects such as #CREAM #Finance (CREAM) and #Idle Finance ( #IDLE). Besides good projects, another factor that increases DeFi's TVL and the price of tokens is Coinbase's role in the development of DeFi projects and ecosystem.
Looking at the table above, we see that top projects such as Maker, Aave and #SushiSWAP ( #SUSHI) contribute to TVL. It is said that the increase in TVL may repeat within the DeFi market and that the token prices of leading DeFi projects may increase even more.
We see the DeFi alliance opening an increase in active addresses. With Coinbase joining this alliance, traders with the best DeFi tokens in their portfolio can witness double-digit returns in the following months.