Reviewing DeFi's Summer Beneath Uniswap's Carnival

The digital asset industry has been developing very rapidly, with one quarter of development comparable to a whole year of development in traditional technology industries--the iteration and development speed of DeFi this summer has left even the most low-key market participants astounded. In June, the total value of funds "locked" in DeFi applications and protocols reached a historical high of $1.2 billion, with the previous high set before the "312" crash. According to DeFi Pulse data, in just three months thereafter, this figure has now grown nearly 8 times or more.