DeFi's total closures have exceeded US $ 120 billion and are expanding to record levels.

According to the latest DeBank data, on May 3, DeFi's total closures topped $ 120 billion and continue to hit all-time highs. Currently, the total fixed jobs is $ 12.27 billion and the fixed jobs are $ 84.22 billion. The top three DeFi contracts that currently have stable holdings are PancakeSwap ($ 15.6 billion), Developer ($ 11.3 billion), and Compound ($ 10.9 billion). Total Tokens (TVL) is the most important metric for measuring the size of a DeFi project, and is calculated by calculating the total value (USD) of all ETH tokens and various ERC-20s locked in a smart contract. project.