As of now, users Minimax.Finance deposit their funds into our smart contracts, which own the users’ positions after transactions get finalized. This implies some cons, such as:. Source: over 1 year ago

As interest in crypto has exploded over the past few years, an entire industry of decentralized finance applications (“DeFi protocols,” to those in the space) has sprung up along with it, allowing crypto investors to swap tokens, take out loans, make levered bets on price movements, and earn interest. Around $45 billion in cryptocurrency is currently pledged to DeFi protocols; in Fall 2021, that figure surpassed... Source: 12 months ago

First up, we have DeFi Llama. This nifty tool allows you to track pretty much every DeFi protocol in existence, it's financials, TVL, inflows, outflows, you name it! It's like having a personal llama assistant that helps you stay on top of your game and make informed decisions. Plus, who can resist that adorable llama mascot? We like alfalfa too! Source: 12 months ago

As far as data sources: I tend to use DeFiLlama for quickly comparing dApps and Dune for more detailed information searches. I don't really use (Messari)[https://messari.io/] but I assume that they are pretty reliable too. Source: about 1 year ago

To get started with DeFi, check DefiLlama to discover the top protocols on each chain (Ethereum, Arbitrum, Optimism, etc), and their respective TVL. Source: about 1 year ago

Check the defillama.com stats, Cardano is breaking all DeFi records (in the last 2 months) , it's just a matter of time till its price reflects this! Source: about 1 year ago