According to data aggregator DeFi Llama, nearly $79 billion in assets are currently locked in decentralized finance protocols.
As such, DeFi’s TVL is currently equal to roughly twice the capitalization of third-ranked crypto asset Binance Coin, nearly one-third of Ethereum's market cap, and on-par with the capitalization of top 200-ranked global company Snap Inc (NYSE:SNAP) — the company behind Snapchat.