Following a month-long market slowdown, the Decentralized Finance (DeFi) sector is on the rise in October. After rising past $236 billion on October 26th, the total value locked (USD) has reached a new high. As it reached its pinnacle, Ethereum (ETH), the decentralized finance hub, rushed to the rescue.This week, the value of TVL locked in ETH-based protocols surpassed $160 billion.