Defi Surpasses 4 Million ETH, Closing in on $4 Billion

Defi Surpasses 4 Million ETH, Closing in on $4 Billion

About 4% of ethereum’s total supply is now locked in decentralized finance (defi), the highest level ever.

That 4 million eth is worth about one billion dollars at the current fluctuating price of $275.

In total about $3.5 billion worth of assets are locked in defi, rising by about $1 billion a week.

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