Decentralized Finance or DeFi exploded in 2020, broking new total value locked (TVL) record and surpassing new all-time highs. The TVL in DeFi protocols rose from $600M in 2020 to over $48 billion in mid-2021.
DeFi Marketplace
Decentralized Finance or DeFi exploded in 2020, broking new total value locked (TVL) record and surpassing new all-time highs. The TVL in DeFi protocols rose from $600M in 2020 to over $48 billion in mid-2021.
While this happened, the trading volumes over decentralized exchanges like Uniswap, Pancakeswap and more started to rise dramatically. Uniswap recently released its V3 and is now prepping for the next wave of DeFi growth.
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