Top DeFi Projects with Highest TVL Growth This Week
This week has seen significant growth in the DeFi sector, specifically in terms of total value locked (TVL). According to Tyrano Analytics, ICPSwap, MARSWAP, Mint Club, Bluewhale, and Kinetic have emerged as the top DeFi projects with the highest TVL growth.
Taking the lead is ICPSwap, which experienced a staggering 1156% spike and achieved a TVL of $65.04 million. Following closely behind is MARSWAP with a TVL of approximately $212,263, recording a growth of nearly 286%.
Mint Club secured the third position, with its TVL reaching $1.66 million this week after an impressive surge of 182%. Bluewhale claimed the fourth spot, witnessing a growth of 114% and achieving a TVL of $182,598.
Rounding up the top five is Kinetic, a well-known DeFi project. According to Tyrano Analytics, Kinetic’s TVL reached $5.25 million, representing a substantial increase of 102% this week.