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Gate DeFi Daily Report ( August 28, ): Solana DEX volume surpasses Ethereum, Hyperliquid official responds to XPL big pump.
On August 28, the DeFi market showed overall stability, with the total lock-up position (TVL) of the entire network at approximately $15.6776 billion, a slight rise of 0.42% over the past 24 hours, with growth significantly slowing compared to the previous day. The 24-hour trading volume for DEX was $17.687 billion, with Solana DEX trading volume ranking first at approximately $4.604 billion, followed closely by Ethereum DEX at $4.435 billion. Market hotspots were focused on innovative protocols such as Ethena and Aave Horizon platform, with token prices experiencing overall narrow fluctuations, while CRV and INJ performed positively, and MORPHO experienced a significant pullback.