"We knew that DeFi was going to be big and important about sometime last year."

CoinGecko co-founder TM Lee has been keeping a pulse on the space since starting the platform as a project with his co-founder in 2014. The initial coin offering (ICO) boom of 2017 multiplied the traffic tens of times over, cementing CoinGecko as a popular crypto metrics provider. 

Now, CoinGecko is in the midst of another boom — the decentralized finance (DeFi) explosion. The platform has gained even more popularity listing hundreds of DeFi tokens, becoming a hub of information on for those interested in the ever-increasing projects. 

But even though CoinGecko saw the DeFi explosion on the horizon thanks to a few team members interested in the space, on this week's episode of The Scoop, Lee said he wasn't expecting the magnitude seen today.

"If you asked me last year, would DeFi be big today? I just couldn't see that. Will Uniswap be a billion dollar trading volume that beats Coinbase? I would also say that's not possible. But we are in this world right now," he said.

On this week's episode, Lee talked about how DeFi mania is changing up the platform's approach as well as: