The decentralized finance (DeFi) world has gone through a substantial activity boost over past seven days. According to the data from Phoenix Group, the top DeFi projects for 7-day TVL growth took into account $ZEUS, $CFG, and $NOTE. The crypto analytics platform shared the list of these prominent DeFi projects on its official social media account on X.
$ZEUS Leads DeFi Projects in Terms of Weekly TVL Upsurge
$ZEUS has recorded a 104% TVL surge over the past seven days. This noteworthy TVL surge has increased its price to $26.3M. Subsequently, $CFG has effectively obtained the 2nd position among the top DeFi players with its TVL rising to $437.9M after an 84.6% weekly growth.
Following $CFG closely, $NOTE is the 3rd prominent DeFi project, accounting for a 78.3% jump to reach $10.0M in TVL. The 4th top project in the DeFi world is $LON. It has effectively touched the $773.8K mark after getting a 58.5% TVL boost throughout the week.
DeFi Projects See Massive Weekly TVL Gains Led by $PUFFER, $ZRC, and $RAY
$PUFFER enjoys the 5th rank among DeFi projects, with its TVL reaching $181.0M following the 1-week rise of 58.2%. Apart from that, a 57.8% 7-day growth has placed $ZRC’s TVL at $844.6M. Coming after that, $RAY enjoys a TVL of $2.0B as a notable 56.1% boost has backed it during the past week.
The next DeFi project on Phoenix Group’s list, in line with the weekly TVL jump, is $BLUE. It currently stands at $142.7M after a 55.4% TVL rise over the week. Additionally, $REZ has noted a 37.9% weekly TVL growth, elevating its TVL to $972.1M. Moreover, as its TVL is now $23.0B, $LDO displays a 37.2% weekly increase.
