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DeFi Llama

May 9, 2022 | Tools

Defi Llama is another outfit that could wreak havoc in the traditional world of financial data. The 2020 decentralized finance (DeFi) explosion led to a concept called yield farming — users deposit funds in a platform and benefit from profit sharing. DeFi Llama says TVL (total value locked) across all DeFi protocols stands at nearly $193 billion.

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