The TVL of all De-Fi coins has been recovering ☺️

in hive-103599 •  7 months ago  (edited)

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Source: DeFiLlama

What a relief 😊 The De-Fi is one of altcoin themes. The TVL(Total Value Locked) of all De-Fi(Decentralized Finance) coins has been recovering ☺️

The BTC(Bitcoin) has been absorbing the altcoin dominance. It's been a tough time for altcoin investors. However, this change is meaningful for the altcoin market. Because, the De-Fi theme is still a small market, and potential to rapidly grow up in the near future. Compared to deposits of traditional banks, the TVL of all De-Fi coins is much smaller than them.

I don't know how much times the market will be growing. As long as centralized banks print tremendous money, and some institutions embezzle customers money, some customers will recognize the De-Fi is better than them. Of course, there are many risks of using the De-Fi. Therefore, many institutions related to cryptocurrencies will provide the Ce-Fi(Centralized Finance) services for the customers' convenience more rather than now.

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