One of the largest sectors in the blockchain industry, Decentralized finance (DeFi), is emerging as a key sector. In just the last two years, DeFi’s total value locked (TVL) — the total value of assets locked into various DeFi platforms — has steadily IncreasedStarting at $21 Billion, the current value is over $100 Billion.

DeFi covers a variety of financial products, services, and includes popular decentralized Exchanges (DEX). DeFi continues to grow rapidly in lending, borrowing, insurance, derivatives trading and other financial products. However, global regulation seems far away.