The locked position has exceeded 2 billion US dollars, is it too late to play DeFi currency now?

星球君的朋友们

2020-07-08 08:00 (UTC+8)

本文约2507字，阅读全文需要约10分钟

Has DeFi Bubbled Already?

Editor's Note: This article comes fromHot Wheels Community (ID: FHBT18), Author: Pepe, reproduced by Odaily with authorization.

Hot Wheels Community (ID: FHBT18)

, Author: Pepe, reproduced by Odaily with authorization.

Hello everyone, I am Pepe, an important milestone in the defi market this week-locked funds officially exceeded 2 billion US dollars!

text

This will be an indicator that needs attention. In 2019, after a whole year of slow growth, the locked funds of the defi market had not yet reached 1.5 billion. to about 1 billion US dollars.

And what is unexpected to everyone is that in the past 20 days, this value has doubled, an increase of one billion US dollars, which is an acceleration that has not occurred in the previous two years.

The main increase here should come from the liquidity mining of comp, Balancer and other projects. Due to the early dividends of mining, mortgage and lending encrypted assets have become more profitable than exchanges and contracts, and have also attracted a vote of speculators And funds entered the market, resulting in a certain degree of upsurge.

Not only that, the price performance of various defi coins such as 0X, Ren, LEND, REP, KNC, etc. is still relatively strong, and the market value growth is also obvious. The current market value of the top five tokens:

- COMP at $1.7 billion

- SNX at $460 million

- BAL at $400 million

Compared with the defi market in 2019, we in 2020 not only have more ways to play liquidity mining, but also many new platforms and currencies are emerging. Compared with the earliest we can only see makerdao, bancor, snx and so on , today’s data website defipulse can’t finish displaying the targets on several screens, and the ecology of each dimension is also rich: