DeFi’s Growth
As of today, the DeFi market is worth approximately $6.68 billion, with many saying it could be nearing $16B. Although DeFi has not taken over the global financial system yet, 2020 may have been a turning point in the growth of DeFi.
In early 2019, there was approximtely $275M of crypto collateral locked into the DeFi ecosystem and by February 2020, that number grew to approximately $1B. Check disclaimer on my profile.