The Coin Shark: Funds Blocked in DeFi Increased by 1215% in 2021
Funds Blocked in DeFi Increased by 1215% in 2021?
In the field of decentralized finance, an increase in the TVL indicator is observed this year. This is the number of funds locked in DeFi protocols. By December 29, 2021, it reached $246.1 billion.
In January, this figure was only $ 18.71 billion. TVL rose evenly throughout the year, but there was a sharp jump in December, when the total blocked value was $260.12 billion on December 1. Then, by the end of the year, the number of investments decreased slightly.
Ethereum is still listed among the leading blockchains in the DeFi ecosystem. Projects based on it accounted for $ 153.96 billion. This is 62.5% of the total. Then comes the Terra Agreement (LUNA) with an indicator of 17.76 billion (7.22%). In third place is Binance Smart Chain (BSC) with an indicator of 16.61 billion (6.75%).
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