The De-Fi TVL is about to break this year ATH.

in H4LAB Research7 months ago (edited)

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Source: DeFiLlama

Last year was a terrible year for crypto investors. The De-Fi(Decentralized Finance) TVL(Total Value Locked) had been shrinking during 2021. This year, it's been recovering, and about to break this year ATH(All Time High), which means cash flow of De-Fi market participants has been increasing.

The De-Fi theme started getting noticed since 2020. I noticied the scene before 2020. I started the SocialFi(SocialFinance) using STEEM De-Fi such as voting bots and SP(STEEM Power) delegation services since 2018. At that time, I vaguely looked forward to the SocialFi will be expaneed afterwards. However, it was faster than expected.

Now, there are many types of De-Fi coins such as governance coins of decentralized swap and bank platforms like Uniswap(UNI) and MakerDAO(MKR), and so on. I think the De-Fi scene is now the beginning of journey. It's a baby Industry. So, I think it will be exponentially growing again for a next mega bullish market.

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