Whether you think it’s a bubble or not, decentralized finance certainly has all the markings of the ICO craze. The industry has seemingly come out of nowhere since 2020 began. According to DeFi Pulse, the total value locked in protocols has surged 877% to hit $6.75 billion at the time of writing, with much of that growth concentrated in July and August.
Blockchain and Cryptocurrency: People, Culture and Tech