Data: The total locked value of DeFi in the first quarter reached 83.3 billion USD, with a quarter-on-quarter growth of over 37%

ChainCatcher message, according to the DappRadar report, the total locked value in DeFi reached $83.3 billion in the first quarter of 2023, an increase of 37.44% compared to the previous quarter, with significant contributions from layer two solutions such as Arbitrum, Fantom, and Optimism. Among them, Arbitrum's locked value reached $3.2 billion, growing by 118.40%; Optimism's locked value hit $1 billion, up 85% from the previous quarter.

In terms of blockchain, Ethereum ranked first with an on-chain DeFi locked value of $55.8 billion in the first quarter, accounting for 66.95%, followed by BNB Chain with an on-chain DeFi locked value of $7.2 billion during the same period; Tron ranked third with an on-chain DeFi locked value of $5.2 billion. (source link)