Well, now it seems the $100B mark is easily achievable by early summer of this year!
At this very moment, the total value locked (TVL) in DeFi is at a new all-time high just shy of $80B. Putting this in the context of mainstream finance giants, Square’s market cap is currently $112B, PayPal’s is $308B, MasterCard’s is $380B, and VISA’s is $499B. This is tremendous news for all involved in the DeFi market! Looking back at late 2020, the $25B threshold seemed like an insurmountable obstacle! Even in January, experts were so conservative, the wildest estimates spelled $50B or $100B by the end of the year…