"Polygon (CRYPTO: MATIC) saw sudden and intense growth this year and seems to be on its way to competing with major blockchains to host a bigger slice of the decentralized finance (DeFi) ecosystem. What Happened: According to The Block data, Polygon saw astronomical growth in the total gross value locked (TVL) in the smart contracts that DeFi protocols operate on: from just over $151,000 at the beginning of the year to over $6.31 billion today, an increase of no less than 4,178,708%. Further test"