For the past two weeks, DeFi tokens have been on a tear. In the last 30 days, some of the top-10 DeFi tokens have risen more than 20%. On Aug 22 Total value locked (TVL) in all DeFi protocols hit a new all-time high of $157.06 billion. The DeFi industry could be gearing up for its own run. In the first half of the year, the price of DeFi tokens rose, followed by a rise in the price of NFTs and NFT-related assets.