DeFi Total Value Locked (TVL), Staked Amount Rebounds to $50 Billion as Speculators Seek Yield

Since October 13, Ether (ETH), the primary asset used across DeFi markets, has risen 42%, outpacing the overall DeFi market growth (41%). It is worth noting that a significant portion of DeFi protocols offer returns on stablecoins pegged to traditional fiat currencies such as the dollar, euro, or British pound.