On Christmas Eve 2021, Terra chain reached an all time high in terms of the total value locked (TVL) of 20 billion USD, surpassing Binance Smart Chain (BSC) as the second largest DeFi blockchain after Ethereum. With only 14 protocols built on the chain, compared to 255 protocols on BSC and 376 on Ethereum, Terra’s protocols have managed to attract liquidity very successfully. The recent Astroport protocol launch coincides nicely with the recent rise in LUNA price in the middle of December, re...