The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook

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Layer 1 blockchain Canto has experienced a 35% slump in total value locked (TVL) over the past month as liquidity continues to dry up across the decentralized finance (DeFi) sector.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Finance, #News, #DeFi, #OnchainData, #DecentralizedFinance

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