Let's look into De-Fi on-chain data 🤔
Since May, 2022, TVL(Total Value Locked) of all De-Fi projects has recorded ATH(All Time High).
Even though altcoin prices have recovered somewhat, The TVL has been growing again! 📈
Compared to 2022, it's remarkable that DEXs(Decentralized Exchanges) volume is relatively much more than the TVL.
Why does Dexs volume increase? I guess it's related to the increasing circulation of stablecoins 🧐
Definitely, the De-Fi industry has grown compared to before. But retail investors still only focus on prices 😮💨
Hey @happycapital, great insights into the DeFi landscape! This is exactly the kind of analysis Steemit needs more of. That DeFiLlama data really pops – it's fascinating to see the TVL hitting new highs despite the market's ups and downs.
The point about DEX volume outpacing TVL growth is particularly interesting, and your connection to the increasing stablecoin circulation makes perfect sense. I'm definitely curious to hear more about your thoughts on why retail investors seem to be so price-focused still. Are they missing the bigger picture of DeFi's underlying growth and potential?
Thanks for sharing this valuable perspective! I'm resteeming and upvoting, and I hope this sparks some great discussion in the comments. What strategies, in your opinion, can help educate retail investors on the broader value proposition of DeFi?
As Global M2 is growing Rapidly, expecting a Boost on the TVL on Defi
The growth in Total Value Locked (TVL) in DeFi projects is indeed noteworthy, especially as it reaches new all-time highs. The correlation between DEX volume and stablecoin circulation suggests a shift in trading dynamics. As retail investors remain focused on price movements, it’s crucial to analyze the underlying factors driving this DeFi expansion. What implications might this have for the future of decentralized finance and investor behavior? 📊
good idea