DeFi Overview for H1 2021: AMM DEX Total Value Locked Average Growth of 972.26%, DAI Becomes the Largest Lending Asset

Since June last year, DeFi has been flourishing for over a year. Incentivized by liquidity mining, DeFi has achieved qualitative leaps in funding scale, user scale, and product scale. According to DeBank statistics, from June 1, 2020 to June 30, 2021, DeFi's total net locked value soared from approximately $834 million to $56.862 billion, an increase of up to 6718.99%. Among this, the growth in the second half of last year was approximately 860.64%, while the growth in the first half of this year was approximately 307.09%.