Wu Blockchain reports, according to CryptoRank data, the total value locked (TVL) in decentralized finance (DeFi) grew by 5.3% month-over-month in July to approximately $73.8 billion, after six consecutive months of decline. The growth mainly came from long-tail blockchains rather than major networks; the TVL of the "Other" blockchain category increased from around $3.46 billion to $7.02 billion, more than doubling. CryptoRank attributes this to the launch of Robinhood Chain and the rapid growth of other smaller blockchains. Ethereum remains the leader, with a TVL of approximately $40.46 billion. https://(wublock123.com)/news/defi-tvl-rises-to-73-8b-in-july-after-six-month-decline-65884