We embody the pure essence of DeFi, providing the most comprehensive ecosystem in the industry. Our deep ambitions are driving an unprecedented revolution in the world of decentralized finance.
The Decentralized Finance Phenomenon Security Issues Rekt Database DeFi – the ecosystem of financial applications that recreates traditional financial products and services with blockchain technology – has been one of the most exciting trends and main forces moving the entire crypto market since June 2020. Its noncustodial, open, transparent, flexible and decentralized nature along with spectacular yield opportunities led to the exponential growth of the industry in recent years: the total value locked in DeFi applications has risen from $800M in the beginning of June 2020 to almost $190B in the middle of September 2021, an increase of more than 200 times. Hundreds of ventures have been coming up with their top-notch solutions for decentralized lending, borrowing, crypto asset exchange, yield farming and asset management.