DeFi TVL Drops, NFT Market Performs Poorly in November: DappRadar

The FTX meltdown may have laid the groundwork for an unprecedented shift in user activity from centralized finance (CeFi) to decentralized finance (DeFi), but the total value locked in the services provided by the latter has taken a serious hit.

A new report by Dapp Radar suggested that the non-fungible token (NFT) market has not been spared by the downtrend either.

(by Chayanika Deka)

DeFi Ethereum NFT

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