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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: H2O on April 06, 2021, 04:13:38 AM

Title: DeFi Doubles Most Metrics in Stellar First Quarter
Post by: H2O on April 06, 2021, 04:13:38 AM

Starting with TVL, the report revealed that deposits in Ethereum-based DeFi protocols more than doubled from $16.6 billion at the start of the year to $37.7 billion. This trounces the fourth quarter of 2020 by 90%. The figures came from crypto wallet provider DeBank.

DappRadar reports an even larger increase of 145% from $22 billion to $54 billion for Q1, 2021. DeFi Pulse is reporting a gain of 175% for the three-month period with TVL surging from $16 billion to $44 billion.source (https://cryptonews.net/509645/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)