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How does a 936% growth sound?
Growth in? The total value locked in DeFi has surged 936% over the past 12 months. DappRadar currently reports a total value locked of $114.8 billion, which is an increase of 936% since the same time last year. The report added that the industry’s total value locked (TVL) grew 75% between July 23 and Sept. 5, reaching a peak of $195 billion across all chains. The report noted that NFTs saw record volumes in August, with a total of $5.2 billion worth traded. Ethereum is also the dominant network in the NFT scene with 90% of all the volume on its blockchain.