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Friday

23 April 2021

DeFi Reaches Milestone $50B Total Value Locked

DeFi Reaches Milestone $50B Total Value Locked


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Doing away with any fears of the tide rolling back out just as quickly as it rolled in, the total value locked in DeFi applications has achieved a staggering milestone of $50 billion and climbing.

NFTs have since taken a dive in interest, sentiment, and sales volumes, while DeFi is back setting yet another massive milestone:  A grand total of more than $50 billion in value locked.

Fundamentally, the total value locked should continue to climb as the sector itself grows and more capital is parked as collateral for the various borrowing or lending services and products decentralized finance has to offer.

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