Monad DeFi TVL Ranks Third, Surpassing Multiple Major Blockchains

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Monad's DeFi TVL reached $367.1 million, ranking third globally, behind Ethereum ($2.047 billion) and Solana ($484.5 million). The project continues to gain momentum in the RWA sector. Despite recent concerns over DeFi exploits, Monad remains a top performer among emerging Layer 1 blockchains.

Huo Xing Finance reports that, based on DeFi Active TVL rankings, Monad ranks third globally with $367.1 million, trailing only Ethereum ($2.047 billion) and Solana ($484.5 million). Monad has become one of the fastest-growing emerging Layer 1 blockchains in the RWA sector.

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