The total value of cryptocurrencies blocked in DeFi has reached $ 6 billion

The decentralized Finance market has been a hot issuefor several weeks as it continues to gain more and more value. Today, the total value of cryptocurrency in DeFi has reached $ 6 billion. This signals how fast the new market value is growing

Decentralized Finance set a new record

According to the analytical website DeFi Pulse, the current amount of cryptocurrency invested in DeFi is about $ 6.29 billion. The top three products — Maker, Aave, and Curve Finance lead the way with almost $ 4 billion in cryptocurrency locked into them. Maker, the leading project, has a dominant position in the market, at 23.22 percent at a cost of 1.46 billion dollars.

After increasing the value of decentralized Finance’s crypto assets, and almost every week of developing new projects, the uptrend across the industry can be compared to the ICO bubble of 2017. Many participants in the crypto industry and financial analysts have called it a “DeFi bubble”.