Let’s look back in 2021 and see where the DeFi industry was and where it is now!

Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services.

Users: around 2 million

Volume: around 5 billion (on a daily basis)

Users: around 3,5 million

Volume: more than 400 billion (on a daily basis)

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