The number of BTC locked in DeFi reached a record high of 2238

According to BlockBeats, the loco value of ETH in DeFi reached an all-time high of about $3,235,000 in January 2020, after which the value began to decline. This was exacerbated by the "black Thursday" disaster in March, when the value of ETH's loco in DeFi was down 5 percent from its peak at the time of going to press and currently stands at $2.766 million.

At the same time, the value of bitcoin locked in DeFi has been on the rise; On May 12, the total number of BTC locked in DeFi reached a record high of 2,238. WBTC also showed a significant increase, with the total value of locked WBTC reaching a peak of $12.682 million on May 9. It has since declined, but TVL is still at $11.436 million.

So far, 292,266.36 Dai have been cast with WBTC collateral, according to DaiStats. Nearly 83.491 WBTC were locked into Dai, accounting for 6.43% of its total supply.

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