Crypto Alts - what is DeFi?

I found an interesting link to a site that reports on all things DeFi.

It has saved me countless hours trying to identify all the currencies that represent the rapidly growing ecosystems generally referred to as DeFi or Decentralized Finance.


This is the sort of BI I have been trying to find to identify sh__coins before they become whales. I note from here that Harmony (ONE) constitutes 0.16% of the total DeFi value locked of all chains, but I expect that to grow much faster than some others. I may be right, or I may be wrong, but I can’t argue with the APR% in the first two days of participation.

DeFi means decentralized finance, it is a crypto movement. DeFi is a trustless application, its means the application not controlled by central party such as a bank or a government.

Didn’t realize this was from November! Are you still using Defi Llama?

Occasionally - I checked it last week for FOX (farmers only) and Tranquility City on Harmony (ONE)

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FTM, still with the lowest MCAP/TVL of the + $1bn chains. Something to keep an eye on.