Where does the future of DeFi belong: Ethereum or Bitcoin? Experts answer
Decentralized finance is one of the most promising and indeed the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi — a measure of the total value of assets committed to the DeFi ecosystem — has been approaching the $40-billion mark this month, which indicates a value increase of around 200 times since February 2019. And 2021 has just started, promising some major developments for the DeFi space.
Related: Was 2020 a ‘DeFi year,’ and what is expected from the sector in 2021? Experts answer
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