There is a significant chance that the best performing asset in 2020 won’t be the BTC, but one of the defi tokens. The yield farming and the first wave of defi-boom is gone, but this is for hype, not for the fundamentals. The decrease of TVL, from 14,3B to 12,7B USD, it’s actually just one and a half billion. This does not stop the work in the background.
Since October, there are 62% more users, more than a million currently. The institutional investors give fresh money, rough 30 million USD, every week. Who knows, maybe the summer defi-fever was really only just the beginning.