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May 15, 2022 | Blockchain

According to DeFi Llama, there are 108 blockchains, and Avalanche ranks third with a total value locked (TVL) of $5.3 billion, thanks to the demise of Terra. Mothership Ava Labs was reportedly raising $350 million at a valuation of $5.25 billion, which would put it in very exclusive company. Avalanche hosts 296 Dapps, according to DeFi Llama.

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