This Statistic Shows How Small Ethereum’s DeFi Space Really Is

This Statistic Shows How Small Ethereum’s DeFi Space Really Is

Ethereum’s decentralized finance space has seen parabolic growth since the start of 2020. In the past nine months, the value of coins locked in DeFi contracts has surged from around $500 million to $10 billion — a statistic that may actually undershoot true values.

Simultaneously, tokens pertaining to the DeFi space have seen a strong uptick in price action and volume. Some coins, including the…

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