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Fantom’s Total Value Locked (TVL) Surpasses $10 billion

Twitter icon  •  Published 3 years ago on January 14, 2022  •  Hassan Maishera

The total value locked (TVL) on the Fantom blockchain surpassed the $10 billion mark a few hours ago.

Fantom’s Total Value Locked (TVL) Surpasses $10 billion

The total value locked (TVL) on the Fantom blockchain surpassed the $10 billion mark earlier today. The Fantom Foundation announced this latest development a few hours.

According to DefiLlama, Fantom is now the fifth-largest DeFi blockchain, behind Ethereum, Terra, Binance Smart Chain and Avalanche. FTM, the native token of the Fantom blockchain, is trading at $3.08, up by more than 8% today.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.