Berachain Ecosystem Experiences Decline in DeFi Protocol TVL

According to BlockBeats, data from DefiLlama indicates that the total value locked (TVL) in Berachain's ecosystem DeFi protocols has decreased to $3.15 billion, marking a 10% drop from last week's peak of $3.495 billion. The top three protocols in the ecosystem are the liquidity staking protocol Infrared Finance, and the decentralized exchange (DEX) protocols Kodiak and BEX. The 24-hour trading volume for Berachain's ecosystem DEX stands at $98.77 million, while the market capitalization of stablecoins within the ecosystem is reported to be $1.143 billion.