DeFi Market Stats
Published in
May 31, 2021
The total value locked (TVL) in DeFi rose $2B since this point last week, marking a climb from $59B to $61B. While that’s certainly not a major growth spurt compared to some inter-week TVL movements we’ve seen in the space, it appears the bleeding has stopped after the recent crypto economy sell offs — at least for now!
TVL increase is great news for us no matter how you look at it — it’s a signal saying the DeFi market is showing steady growth, and we are happy to find ourselves at the origins of this new tech!