Analysis
Total Value Locked in DeFi on Ethereum Set ATH in May
Total value locked (TVL) across the spectrum of smart contracts, protocols and DApps built on Ethereum increased by 4% in May: $63.7B —> 66.35B.
A new ATH in TVL of $88.8B was registered on May 12.
Worth noting that since the May of 2020, TVL in DeFi has surged by over 7,104%.
