The DeFi TVL has risen to $55 billion dollars.
Gosu Hoon
DeFi
3 years ago
So far this month, the overall value locked into the DeFi market has soared to an all-time high of $54.75 billion as of Feb. 11.
◾ The TVL has soared to new ATHs of over $54 billion, according to DeFi market data tracker DeFi Llama, amid the rallying market.
◾ MakerDAO is the most common protocol on the market, with over $6.3 billion invested; Aave is second, with $5.94 billion.
◾ Since January 1, when the stock was estimated at $20 billion, it has nearly tripled in TVL.
◾ More growth is expected as companies like Grayscale continue to use DeFi assets in their products.
◾ The TVL is almost certainly higher since platforms like DeFiPulse do not always correctly represent market behavior and occasionally omit significant protocols.
◾ For example, the 1inch team claims that its TVL has surpassed $2 billion, making it a valuable addition to DeFiPulse's data platform, but the latter has yet to do so.
◾ The TVL has soared to new ATHs of over $54 billion, according to DeFi market data tracker DeFi Llama, amid the rallying market.
◾ MakerDAO is the most common protocol on the market, with over $6.3 billion invested; Aave is second, with $5.94 billion.
◾ Since January 1, when the stock was estimated at $20 billion, it has nearly tripled in TVL.
◾ More growth is expected as companies like Grayscale continue to use DeFi assets in their products.
◾ The TVL is almost certainly higher since platforms like DeFiPulse do not always correctly represent market behavior and occasionally omit significant protocols.
◾ For example, the 1inch team claims that its TVL has surpassed $2 billion, making it a valuable addition to DeFiPulse's data platform, but the latter has yet to do so.
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