This year, the TVL indicator in the sector of decentralized finance has increased. This is the total amount of money held in DeFi protocols. It had grown to $246.1 billion by December 29, 2021.
This sum was a mere $18.71 billion in January. TVL increased steadily throughout the year, but there was a dramatic increase in December when the total blocked value was $260.12 billion on the first of the month. The number of investments then declined marginally by the end of the year.
Ethereum remains one of the most popular blockchains in the DeFi ecosystem. It accounted for $ 153.96 billion in projects. This is equivalent to 62.5 percent of the total. Then there’s the Terra Agreement (LUNA), which has a value of 17.76 billion dollars (7.22 percent ). Binance Smart Chain (BSC) is third with a 16.61 billion indicator (6.75 percent ).