Terra (LUNA) Tends To Become Second Largest DeFi

The Bitcoin (BTC) broke its month long downtrend and such a break boosted its investors confidence by the end of the year.

An open source Stablecoin network Terra (LUNA) has raised by a total of $20.05 billion in value locked (TVL).

TVL Terra is now the second largest decentralised finance (DeFi) network below Ethereum and above Smart Chain Binance.

The investors had invested huge amounts for receiving stakes as the price of LUNA raised by 52% in just one week to trade near to $100 and this was beneficial for its investors as well.