DeFi Reaches Milestone $50B Total Value Locked

[H2O]

The initial growth of the DeFi industry helped to lay the foundation of the current bull market. Innovation in the decentralized finance sector helped fuel Ethereum’s growth, and once Bitcoin got going, the rising tide lifted all other boats.

Doing away with any fears of the tide rolling back out just as quickly as it rolled in, the total value locked in DeFi applications has achieved a staggering milestone of $50 billion and climbing. Here’s a look back at the year since the sector began to shine, how it has helped Ethereum soar to new highs, and what’s next for decentralized finance.source

[zilzylian]

There are many investors who have seen the advantages of the DeFi platform, a number of Funds with locked coins will provide long-term benefits for liquidity providers and thus, investors will get passive income from the coins.