The TVL of all De-Fi cryptos recorded this year's ATH 🥳

in H4LAB Research9 months ago (edited)

1000009810.jpg

Source: DeFiLlama

Congratulations 🎊 The TVL(Total Value Locked) of all De-Fi(Decentralized Finance) coins and tokens recorded this year's ATH(All Time High) 🤗 It's a good signal for altcoins and the De-Fi theme ☺️

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Source: DeFiLlama

Take a look at the whole history of the TVL chart. It has had just only one quantum jump. The De-Fi platforms have been developing and advancing over time. The platforms have been getting more features and complex.

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Source: CoinMarketCap

Uniswap is one of the De-Fi platforms such as AMM(Automated Market Maker), DEX(Decentralized exchanges), etc. It's based on the Ethereum blockchain, and the 1st rank of the market capitalization in the De-Fi cryptos.

The market cap of UNI is even only 3.8 billion dollars. So, I think the De-Fi market is like children. It's just the beginning. I think that the next bullish market will push more capitals into the De-Fi market, and they will make the platforms more advanced and easy to use for ordinary people.

Sometime, some De-Fi cryptos market cap will surpass the traditional institutions such as JP Morgan and Goldman Sachs. Their market caps are around 100 billion dollars. It looks like the De-Fi cryptos are more potential compared to them.

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