Crypto assets deployed in Decentralized Finance (DeFi) protocols total $20.18 billion.
The segment’s trailblazer — MakerDAO — leads the DeFi Pulse ranking. TVL in this project exceeds $4 billion.
Data: DeFi Pulse.
Behind MakerDAO by a wide margin are the lending protocol Aave and the leading non-custodial exchange Uniswap. TVL of these projects stands at $2.68 billion and $2.53 billion respectively.
A DeFi Dad user reminded that total TVL of the decentralized finance sector was only $1 billion a year ago.
😎 Remember when #DeFi hit $1B TVL a year ago on and some told us TVL was a useless metric?
🚀 Yep, they were wrong. https://t.co/b0QMtiY31h
— DeFi Dad ⟠ defidad.eth (@DeFi_Dad) January 6, 2021
Twitter regular under the handle gMAK⚡️ predicted TVL at $100 billion this year.
Expecting current total TVL in #DeFi to hit $100bn in 2021
Currently at $20bn TVL
— gMAK⚡️ (@gMAKcrypto) January 6, 2021
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