DeFi February Review: Total Value Locked Grows 35.5%, Emerging Public Chain DeFi Active

Since March last year, ETH has risen all the way from a low of over $80, breaking through $2000 in February this year and hitting a historic high. ETH's rise is inseparable from the ecological prosperity brought by DeFi. But at the same time, it has also brought problems such as rising transaction fees and network congestion. This has forced some users to turn their attention to other public chains. This month, investors' attention to DeFi projects has also mainly focused on other public chains, with many outstanding DeFi projects appearing in the ecosystems of Ethereum's competitors.