Luna

DeFi
Terra (LUNA) Flips Binance Smart Chain for DeFi TVL

Terra (LUNA) has flipped Binance Smart Chain in terms of TVL for DeFi. This makes Terra as the second-highest blockchain protocol for DeFi TVL after Ethereum. Terra is a blockchain ecosystem that focuses on deploying stablecoins for DeFi. Blockchain ecosystem Terra has now exceeded Binance Smart Chain (BSC) to become the second-largest blockchain for decentralized finance (DeFi) in terms of total value locked (TVL).  The news came as LUNA has seen a meteoric rise to become ninth highest cryptocurrency in terms of market capitalization. As per CoinGecko, LUNA price is at $92.58 at the time of writing. Also, this is