DOT Total Value Locked Soaring on Defi Llama – Fundamentals
DOT / TetherUS BINANCE:DOTUSDT
Like Luna, AVAX, and Fantom before it DOT’s TVL is soaring on Defi Llama
https://defillama.com/chainshttps://defillama.com/chains
Over the past 1 month alone, the TVL has risen 1300% and this should soon correlate into a price surge in DOT.
With Moonbeam’s full Layer-1 launch behind us, the growth in DOT and the ecosystem should begin to take off. There are several very strong DeFi and swap products on Moonbeam with great UX and UI .
The next major level to look for if BTC decides to head into the $50-$53k region for DOT would be the macro 618 at ~$39.61
