![]() As of writing, Maker is the market leader and owns 21.05% of the market. Below the value locked up square, you have the market leader share metric.That’s a staggering 64.86% increase in just two weeks! As per the graph, the TLV jumped from $1.11 billion 16th June to $1.83 on 1st July. On the side, you can see a simple graph that shows you the daily progression of TVL.If the quantity of TVL is on the higher side, it tends to have a positive effect on Ethereum price. Obviously, the higher the amount locked up, the more thriving the economy. This basically shows how much money investors have locked up in various DeFi contracts. First up, we have the all-important “Total value locked” or the TVL metric.The moment you enter the website, you will see the following the screen: However, as you will soon find out, it packs quite a punch with the sheer amount of value it gives to its users. ![]() Crudely speaking, you can think of DeFi Pulse as the CoinMarketCap of DeFi projects. This is why websites like DeFi Pulse are so incredibly valuable. With its rise in popularity, the DeFi space has welcomed a barrage of newcomers. The lion’s share of these protocols is ETH-based, which is why the rise of DeFi has been a huge Ethereum price growth factor. ![]() It’s an all-encompassing term for decentralized protocols that deal with a variety of financial services like lending, derivatives, payments, exchange, etc. We are pretty sure that you are very well-familiar with the term “DeFi” by now. DeFi Pulse is the world’s leading resource for everything related to DeFi or decentralized finance.
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