A powerful illustration of how this young, often misunderstood space has grown comes from DeFi Pulse. At the start of January, the total value locked in DeFi protocols stood at $675 million. Since then, records have continued to be smashed — and at one point in December, this figure hit a staggering $15 billion. That’s a surge of 2,100% in less than 12 months.
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Source: Cryptocurrency - investing.com