DeFi Pulse: over the week, the DeFi industry "went up" by $1.32 billion

Dollar value of crypto acts, Defi blocked in the protocols, increased on $1.32 billion in the last week, Despite the slowdown in industry growth.

Despite the slowdown in the growth of the Defi industry, Users continue to place crypto assets in smart contracts. According to Defi Pulse, Over the past week, the dollar value of crypti -actors blocked in the DEFI applications has increased $11.16 billion to $12.48 billion.

The overwhelming part of these crypto assets came to the industry in 2020 year. At the beginning of the year, this indicator barely exceeded $ 1 billion, while 18 September he reached $ 13.2 billion. However, in October, Defi growth slowed down
- At the end of October, the dollar cost of crypto acts in Defi protocols was less, than at the beginning of the month.

Over the past week, the prices of some Defi tokens increased. According to Coinmarketcap, During the week, the price of the YFI of the YFI of the YEARN.Finance protocol has increased by 47% up to $ 15 138, And the cost of AAVE token has increased
on 67% to $48.09.

Recall, that according to the joint report
analytical company Dappradar and the Monday Capital Foundation, most DeFi projects are highly centralized due to the token distribution model.