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26 October 2020

Bitcoin and Ether now account for 44% of the value locked in DeFi

Bitcoin and Ether now account for 44% of the value locked in DeFi


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The recent explosive growth of decentralized finance (DeFi) has seen the sector lock nearly $4 billion worth of Bitcoin (BTC) and Ether (ETH) in less than five months.

Despite the huge sums of BTC and ETH recently absorbed by DeFi, locked Bitcoin and Ether currently represents less than half of the total value locked (TVL) in the sector — together comprising 44.6% of the sector’s $11.33 billion

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cointelegraph.com
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