The decentralized finance space has grown exponentially over the past few months.<\/p>\n
CryptoSlate data<\/a> indicates that DeFi coins, most of which are based on Ethereum, now have a market capitalization of over $13 billion. Six months ago, this figure was likely closer to $5 billion, probably even less.<\/p>\n DeFi Pulse data shows<\/a> that the value of coins locked in DeFi has surged over $8 billion. At the start of the year, this figure was closer to $700 million, meaning an order of magnitude of growth has taken place in under three quarters.<\/p>\n Early investors in the space have made fortunes. There are certain crypto assets in the Ethereum DeFi ecosystem that have verifiably surged tens of thousands, even hundreds of thousands of percent<\/a>, in the past few months.<\/p>\n Even still, a prominent crypto trader thinks that DeFi remains one of the best investment opportunities in the world.<\/p>\n According to Qiao Wang, decentralized finance is the best investment opportunity since Bitcoin and Ethereum.<\/p>\n The former Messari head of product and long-time trader said<\/a> on the matter on Sep. 8:<\/p>\n “From an investment point of view, BTC pre-2013 and ETH pre-2015 were once-in-a-lifetime asymmetric bets. DeFi pre-2021 is once-in-a-decade IMO (until proven wrong). If you\u2019ve missed the first two don\u2019t miss the latter.”<\/p><\/blockquote>\n From an investment point of view, BTC pre-2013 and ETH pre-2015 were once-in-a-lifetime asymmetric bets. DeFi pre-2021 is once-in-a-decade IMO (until proven wrong). If you\u2019ve missed the first two don\u2019t miss the latter.<\/p>\n — Qiao Wang (@QwQiao) September 9, 2020<\/a><\/p><\/blockquote>\nDeFi is the world's best investment this decade?<\/h2>\n
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