The total value locked (TVL) in DeFi rose $2B since this point last week, marking a climb from $59B to $61B. While that’s certainly not a major growth spurt compared to some inter-week TVL movements we’ve seen in the space, it appears the bleeding has stopped after the recent crypto…
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This week DeFi experienced its first major drawdown in a while, as the total value locked (TVL) in the ecosystem’s dapps dropped a whopping +$23B, from $82.7B to $58.9B, since this point last weekend. Wow! That’s the reality of crypto and DeFi: things can go up fast, and they can…
Since this point last week, the total value locked (TVL) in DeFi has risen +$5B to its current position over $82.7B — just below the new all-time high of $86.71B that was set this Tuesday.
We believe that in the near future the DeFi market’s TVL will continue breaking through new all-time-highs as the market keeps developing. The number of fans and investors in DeFi is on a continued rise, pushing the market upwards.
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At this very moment, the total value locked (TVL) in DeFi is at a new all-time high just shy of $80B. Putting this in the context of mainstream finance giants, Square’s market cap is currently $112B, PayPal’s is $308B, MasterCard’s is $380B, and VISA’s is $499B.
This is tremendous news for all involved in the DeFi market! Looking back at late 2020, the $25B threshold seemed like an insurmountable obstacle! Even in January, experts were so conservative, the wildest estimates spelled $50B or $100B by the end of the year…
Well, now it seems the $100B mark is easily achievable by early summer of this year!
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