The value of digital assets "locked" in the DeFi market could exceed $ 20 billion by the end of the year.
Recently, the capitalization of tokens "locked" in the decentralized finance market exceeded $ 15 billion. Then there was a slight decline, and now the total value of the ecosystem's assets is just over $ 14.69 billion.
According to DeFiPulse.com, the top three largest projects include Maker, WBTC, and Compound, whose capitalization now exceeds $ 2.65 billion, $ 2.19 billion, and $ 1.69 billion, respectively.
The UniSwap token (UNI), which for a long time held the first place, has now dropped to the fifth line. The capitalization of this digital currency is about $ 1.34 billion.
Trending: Salvadorans are against buying bitcoins at the expense of the budget
Observers predict further growth in the value of DeFi tokens. Moreover, they do not exclude a scenario in which the capitalization of the decentralized finance market will reach $ 20 billion by the end of 2020.
The DeFiPulse team highlights: "It has been a year of rapid growth for DeFi, and at the same rate, reaching the $ 20 billion milestones by the end of 2020 is more than realistic."
Last week, the best performers were IDLE (+ 400%), COVER (+ 150%), FARM (+16%), INDEX (18%) and COMP (13.8%) tokens.
Trending: CoinShares: Bitcoin funds raised $8.8 million in a week
The CryptoRank report states that ChainLink was the top-selling DeFi token in November. The trading volume of this digital currency jumped to $ 14.91 billion.