Quick TakeThis research piece is a compilation of different metrics across projects — including stablecoins, lending, DEXs, derivatives, privacy solutions, and more.Since May 1st, the total value locked in decentralized finance has grown from under $1 billion to $11.1 billion today. The fastest growing area of DeFi has been decentralized exchanges, which have facilitated over $24.1 billion in trade volume in the past 30 days.Decentralized finance protocols are owned and operated by a community of token holders.