There's now $200 billion tied up in decentralized finance (DeFi) protocols, according to tracking site DefiLlama. That number has doubled since late June. This metric is known as the total value locked (TVL) in these protocols. It refers to the dollar value of the tokens held in smart contracts within DeFi protocols, such as lending or trading platforms. It's worth noting that these estimates are not perfect, since such trackers can count the same coins more than once. ber has doubled since late June. DefiLlama looks at these protocols across multiple blockchains, so this is quite a wide ranging figure, encompassing ... (full story)