Decentralized Finance (DeFi) Update

Decentralized finance (DeFi) protocols have shown continued shifts in total value locked (TVL) as multiple projects achieved substantial weekly growth. QuickSwap ($QUICK) recorded the highest growth rate in the market, with its TVL increasing by 237% based on updated data.

> TOP PROJECTS BY WEEKLY #TVL GROWTH
> $QUICK $ALPHA $NOTE $THL $ZERO $DF $AERO $EUL $MGP $INV $ICHI $CRV $T $YFI $EIGEN
>
> — PHOENIX – Crypto News & Analytics (@pnxgrp) March 23, 2025

According to recent data from the Phoenix group, QuickSwap’s TVL surged to $120.6 million during this notable weekly surge. Alpha ($ALPHA) and Note ($NOTE) also demonstrated significant growth, increasing by 42.3% and 39.5%, respectively. The DeFi platforms THL and Zero ($ZERO) achieved 38.3% and 32.4% growth, solidifying their positions in the top rankings.

Top Projects by TVL Expansion

The DeFi and liquidity mining sector displayed strong growth over the past week. DF recorded a 30.4% increase in TVL, while Aero ($AERO) gained 29.7% and Euler ($EUL) saw a 23.1% rise. Maple Finance ($MGP), Inverse Finance ($INV), and ICHI showed TVL increases of 19.6%, 17.0%, and 13%, respectively.

During this week, QuickSwap achieved the most substantial TVL growth, with assets reaching $120.4 million. QuickSwap leads the DeFi market with the greatest TVL advancement compared to other platforms.

Two significant DeFi projects boosted their TVL growth: Alpha Venture DAO achieved a total locked value of $622.2 million, and Notional Finance reached $36.4 million. Thala Labs attained a total locked value of $130 million while ZeroLend hit $64.1 million.

Market Capitalization and DeFi Growth

The crypto market reveals similar TVL trends in line with current market expansion. QuickSwap’s total market capitalization reached $20.3 million, while Alpha and Note demonstrated values of $36.6 million and $1.1 million, respectively.

Alternative projects like Euler and CRV showed continuous capitalization growth through their impacts on the DeFi market, amounting to $123.5 million and $644.5 million, respectively. The rising total value locked indicates users are dedicating more assets to lending activities, staking, and creating liquidity pools across multiple protocols.

The diversification of assets by DeFi investors continues to enhance on-chain operations and expansion. Recent record increases in DeFi project TVL indicate evolving liquidity distribution across platforms.