These milestones are good to see.
DeFi is not going away in my opinion. We are only going to see the TVL grow as time passes. This is especially true if ETH hits $10K like someone wrote about today.
For now Compound is in the lead.
https://beincrypto.com/compound-becomes-first-defi-project-with-over-10b-tvl/
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Yea but I wasn't expecting Compound to be the first. I guess all that money going into ETH is just way to big and the ones with the best marketing will win.
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Well ETH is attractive to big money players. Just think about it from a liquidity standpoint.
If you had 2.5 million dollars, would you go to Cub? Of course not. You need to be in a big enough pool to be able to handle that without being locked in due to a lack of liquidity.
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Yea I think many of the bigger guys might not enter until the TVL increases by quite a bit more. I have put CUB on my list of things I want to add on next month so I am hoping it doesn't run on me.
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