Thriller Rundown - S3EP24: DeFi Season

Listen now (28 min) | Unlike Bitcoin, which has stalled in the low-$9,000s, Ethereum-based decentralized finance (DeFi) has seen exponential growth over the past few weeks. DeFi’s growth has seen an intense recovery in the months since, however, with the total value locked within collateralized loans reaching fresh all-time highs earlier this week. One of the hallmark examples of DeFi’s current popularity can be seen while looking towards the recent launch of Compound. The token associated with the platform – COMP – has seen a parabolic price rise, but many investors are speculating as to why this hasn’t created an upwards tailwind for ETH.

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