Money locked in DFI

Sources:

The total value locked (TVL) in DeFi, or decentralized finance, represents the amount of assets secured within DeFi protocols. According to experts on the , the TVL has shown resilience and growth despite various market fluctuations. Here are some key points discussed:

  • Current Value and Trends: As of certain points in their discussions, total value locked in DeFi was mentioned to be around $11.7 billion, with fluctuations often driven by market conditions and asset appreciation 1. At another instance, it was noted that TVL had reached highs of $16.5 billion, with Ethereum's part in DeFi being significant 2.

  • Market Dynamics: The value locked in DeFi can often outpace the appreciation of cryptocurrencies like Ether 3, and the overall TVL has seen tremendous growth, hitting $22.8 billion last year and even being considered capable of reaching $100 billion in the near future 4.

    Total Value Locked

    Despite the retracement of DFI, the total value locked in DeFi remains flat, which could be seen as a bullish sign. The bottom on DFI is still uncertain, but the stability of total locked-in DeFi is noteworthy.
    Bankless
    ROLLUP: 1st Week of November
    1
    2
    3
    4
    5

  • Volatility and Bullish Signs: Despite retracements and a "crab" market (sideways movement in the value), experts feel that the stability in TVL during downturns is a bullish indicator 5. This resilience suggests strong underlying fundamentals.

  • Discrepancies and Data Accuracy: Occasional discrepancies in reported values across different DeFi data platforms were highlighted. For example, a reported TVL of $68 billion was suspected to be an erroneous lower number, with the actual value being closer to $81 billion 5.

In summary, the total value locked in DeFi has been robust and continues to show potential growth, bolstered by the strong performance of both DeFi-specific tokens and broader cryptocurrency market trends.

RELATED QUESTIONS