Gauntlet's Tarun Chitra explains the keys to building a successful DeFi project

<p>Gauntlet Network — a platform that provides risk modeling and performance optimization solutions for DeFi protocols — recently raised $23.8 million for a valuation of $1 billion.</p><p>On June 24, 2020, when Gauntlet Network’s CEO Tarun Chitra first came on The Scoop, the total value locked across all DeFi verticals was just over $1.5 billion. Today, less than two years later, that number has grown exponentially to over $211 billion.</p><p>In this episode, Chitra describes his company’s rise to unicorn status and explains how a project in DeFi can be successful. In his view, it's not just replicating what exists in centraliz...