Satoshi Protocol Soars Nearly 600% in a Month to $116M TVL

Satoshi Protocol, a decentralized collateral debt position (CDP) protocol, saw its total value locked (TVL) surge earlier this week to reach a new all-time high, as shown by data from DefiLlama. The project’s TVL has increased by 150% over the past week and has soared by nearly 600% in the past month, hitting a record $116.5 million as of this writing. In mid-December 2024, we reported on Satoshi’s first major spike as the project broke the $20 million mark following a tenfold increase source: https://www.nftgators.com/satoshi-protocol-soars-nearly-600-in-a-month-to-116m-tvl/