Home Stock Market Three layer-1 protocols see inflows amid uneven, unstable market situations By Cointelegraph

Three layer-1 protocols see inflows amid uneven, unstable market situations By Cointelegraph

Three layer-1 protocols see inflows amid uneven, unstable market situations By Cointelegraph

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Layer-1 (L1) protocols are the inspiration of the decentralized utility ecosystem, with the community dominating the panorama when it comes to the variety of protocols launched on-chain and complete worth locked (TVL), adopted by BNB Chain and Fantom.

Because the sideways market of 2022 drags on and critical tasks use the time away from the frenzy of bull markets to work on improvement, a number of L1 protocols have been outperforming the sector and making good points regardless of weak point within the wider crypto market.

Whole worth locked on Waves. Supply: Defi Llama
Whole worth locked statistics for Neutrino and Vires Finance. Supply: Defi Llama
Whole worth locked on Oasis. Supply: Defi Llama
Whole worth locked on . Supply: Defi Llama
Whole worth locked on Cronos. Supply: Defi Llama
High 4 protocols by TVL on Cronos. Supply: Defi Llama