The DeFi space has grown by a considerable amount in 2020, rising from $691 million at the start of the year to $2.01 billion of the total value locked at the time of publishing. But true values may actually exceed $2 billion, a popular defi data platform Defipulse is yet to add to over $50 million in Curve Finance and well over $40 million in Uniswap’s V2 platform, according to DeFi enthusiast Danger.

A look at Defimarketcap shows the amount of funds locked in both Curve Finance and Uniswap V2’s pools. According to the data platform, Curve Finance has over $60 million in funds and Uniswap V2 over $40 million - together these would more permanently push the total market cap of the defi space above the $2 billion.

Just a few pools out of many missing at DeFi Pulse, as seen at defimarketcap.io 

Were those two projects properly registered, it would increase the value of the DeFi market by over $100 million at DeFi Pulse, which is a go-to website for major defi metrics. While already on an upward trend over the past 18 months, the DeFi space experienced a sudden surge in value in June, when Compound Finance launched its COMP token.

The introduction of COMP saw many investors flock to the platform to earn attractive interest on idle assets, which can still be used even after being locked in on the protocol. Compound quickly asserted its dominance in the market, overtaking Maker (MKR) in terms of total value locked in. It also dwarfs other defi players in terms of market cap, with a market cap of approximately $1.9 billion.