Assets locked in DeFi protocols exceed $20 billion

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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