Topic: Decentralized Finance (DeFI) (2024)

Editor’s Picks Current statistics on this topic

Current statistics on this topic

CurrenciesDeFi TVL in the Ethereum blockchain as of November 22, 2022
CurrenciesTop 20 cryptocurrencies with the most value being staked as of December 5, 2023
CurrenciesMonthly number of unique DeFi users worldwide up to December 2023

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Recommended statistics

Market size

5
  • Premium Statistic DeFi TVL of multiple blockchains combined as of November 17, 2023
  • Premium Statistic Daily DeFi market cap as a percentage of global cryptocurrency market cap 2020-2021
  • Premium Statistic Share of 124 blockchains in overall market size of DeFi as of November 29, 2022
  • Premium Statistic DeFi TVL in the Ethereum blockchain as of November 22, 2022
  • Premium Statistic Monthly number of unique DeFi users worldwide up to December 2023

Market size

  • Premium Statistic DeFi TVL of multiple blockchains combined as of November 17, 2023

    Topic: Decentralized Finance (DeFI) (4)

    DeFi TVL of multiple blockchains combined as of November 17, 2023

    TVL (total value locked) across multiple Decentralized Finance (DeFi) blockchains from June 2018 to November 17, 2023 (in billion U.S. dollars)

  • Premium Statistic Daily DeFi market cap as a percentage of global cryptocurrency market cap 2020-2021

    Topic: Decentralized Finance (DeFI) (5)

    Daily DeFi market cap as a percentage of global cryptocurrency market cap 2020-2021

    DeFi dominance, or DeFi market capitalization as a share of the overall crypto market cap, worldwide from September 2020 to September 2021

  • Premium Statistic Share of 124 blockchains in overall market size of DeFi as of November 29, 2022

    Topic: Decentralized Finance (DeFI) (6)

    Share of 124 blockchains in overall market size of DeFi as of November 29, 2022

    Distribution of total value locked (TVL) in decentralized finance, or DeFi, worldwide across various blockchains as of November 29, 2022

  • Premium Statistic DeFi TVL in the Ethereum blockchain as of November 22, 2022

    Topic: Decentralized Finance (DeFI) (7)

    DeFi TVL in the Ethereum blockchain as of November 22, 2022

    TVL (total value locked) in Decentralized Finance (DeFi) on the Ethereum blockchain from November 2018 to November 22, 2022 (in million U.S. dollars)

  • Premium Statistic Monthly number of unique DeFi users worldwide up to December 2023

    Topic: Decentralized Finance (DeFI) (8)

    Monthly number of unique DeFi users worldwide up to December 2023

    Number of unique addresses that either bought or sold a Decentralized Finance (DeFi) asset worldwide from November 2018 to December 2023

Adoption, by country

5
  • Premium Statistic Countries with the highest DeFi adoption in the world in 2021
  • Premium Statistic Ranking of cryptocurrency wallet apps in the U.S. 2017-2021
  • Premium Statistic Fintech funding breakdown Vietnam 9M 2022, by category
  • Premium Statistic Distribution of FinTech firms Thailand 2021, by type of firm
  • Premium Statistic Main technology used by China's leading fintech enterprises 2022

Adoption, by country

  • Premium Statistic Countries with the highest DeFi adoption in the world in 2021

    Topic: Decentralized Finance (DeFI) (9)

    Countries with the highest DeFi adoption in the world in 2021

    Index of the 20 countries with the highest interaction with DeFi platforms worldwide between April 2019 and June 2021

  • Premium Statistic Ranking of cryptocurrency wallet apps in the U.S. 2017-2021

    Topic: Decentralized Finance (DeFI) (10)

    Ranking of cryptocurrency wallet apps in the U.S. 2017-2021

    Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in the United States from January 2017 to January 2021

  • Premium Statistic Fintech funding breakdown Vietnam 9M 2022, by category

    Topic: Decentralized Finance (DeFI) (11)

    Fintech funding breakdown Vietnam 9M 2022, by category

    Breakdown of funding in the fintech sector in Vietnam in the first nine months into 2022, by category

  • Premium Statistic Distribution of FinTech firms Thailand 2021, by type of firm

    Topic: Decentralized Finance (DeFI) (12)

    Distribution of FinTech firms Thailand 2021, by type of firm

    Distribution of financial technology (FinTech) firms in Thailand in 2021, by type of firm

  • Premium Statistic Main technology used by China's leading fintech enterprises 2022

    Topic: Decentralized Finance (DeFI) (13)

    Main technology used by China's leading fintech enterprises 2022

    Distribution of main technological elements among leading fintech companies in China in 2022

Segments

5
  • Premium Statistic DeFi TVL in 26 different segments across multiple blockchains combined December 2023
  • Premium Statistic DeFi TVL in 5 different segments on the Ethereum blockchain 2022
  • Premium Statistic Top 25 DeFi protocols based on market cap as of March 14, 2022
  • Premium Statistic Highest earning NFT market places worldwide, per month 2020-2021
  • Premium Statistic Use cases for blockchain technology in financial services worldwide 2021

Segments

  • Premium Statistic DeFi TVL in 26 different segments across multiple blockchains combined December 2023

    Topic: Decentralized Finance (DeFI) (14)

    DeFi TVL in 26 different segments across multiple blockchains combined December 2023

    TVL (total value locked) in 26 different segments across multiple Decentralized Finance (DeFi) blockchains worldwide as of December 4, 2023 (in billion U.S. dollars)

  • Premium Statistic DeFi TVL in 5 different segments on the Ethereum blockchain 2022

    Topic: Decentralized Finance (DeFI) (15)

    DeFi TVL in 5 different segments on the Ethereum blockchain 2022

    TVL (total value locked) in five different Decentralized Finance (DeFi) segments on the Ethereum blockchain as of March 29, 2022 (in billion U.S. dollars)

  • Premium Statistic Top 25 DeFi protocols based on market cap as of March 14, 2022

    Topic: Decentralized Finance (DeFI) (16)

    Top 25 DeFi protocols based on market cap as of March 14, 2022

    Market capitalization of the 25 biggest cryptocurrencies used in Decentralized Finance (DeFi) as of March 14, 2022

  • Premium Statistic Highest earning NFT market places worldwide, per month 2020-2021

    Topic: Decentralized Finance (DeFI) (17)

    Highest earning NFT market places worldwide, per month 2020-2021

    Biggest DeFi applications or dapps that trade NFTs based on monthly protocol revenue from October 2020 up to December 2021 (in million U.S. dollars)

  • Premium Statistic Use cases for blockchain technology in financial services worldwide 2021

    Topic: Decentralized Finance (DeFI) (18)

    Use cases for blockchain technology in financial services worldwide 2021

    Blockchain applications within financial services industry worldwide as of 2021

DEX, Wallets

5
  • Premium Statistic Biggest DEX - decentralized exchanges - worldwide in March 2021, based on volume
  • Premium Statistic Visitors to the website of DeFi platform Uniswap 2022, by country
  • Premium Statistic Visitors to the website of DeFi platform THORChain 2022, by country
  • Premium Statistic Most used decentralized exchanges by crypto hedge funds worldwide 2023
  • Premium Statistic Visitors to the website of crypto wallet MetaMask 2022, by country

DEX, Wallets

  • Premium Statistic Biggest DEX - decentralized exchanges - worldwide in March 2021, based on volume

    Topic: Decentralized Finance (DeFI) (19)

    Biggest DEX - decentralized exchanges - worldwide in March 2021, based on volume

    Largest DeFi cryptocurrency exchanges or DEX in the world as of March 29, 2022, based on 7 day trading volume (in million U.S. dollars)

  • Premium Statistic Visitors to the website of DeFi platform Uniswap 2022, by country

    Topic: Decentralized Finance (DeFI) (20)

    Visitors to the website of DeFi platform Uniswap 2022, by country

    Country of origin of desktop traffic to Decentralized Finance (DeFi) exchange (DEX) Uniswap in March 2022

  • Premium Statistic Visitors to the website of DeFi platform THORChain 2022, by country

    Topic: Decentralized Finance (DeFI) (21)

    Visitors to the website of DeFi platform THORChain 2022, by country

    Country of origin of desktop traffic to Decentralized Finance (DeFi) exchange (DEX) THORChain in March 2022

  • Premium Statistic Most used decentralized exchanges by crypto hedge funds worldwide 2023

    Topic: Decentralized Finance (DeFI) (22)

    Most used decentralized exchanges by crypto hedge funds worldwide 2023

    Share of crypto hedge funds using decentralized exchanges (DEXs) in 2023, by platform

  • Premium Statistic Visitors to the website of crypto wallet MetaMask 2022, by country

    Topic: Decentralized Finance (DeFI) (23)

    Visitors to the website of crypto wallet MetaMask 2022, by country

    Country of origin of desktop traffic to Ethereum wallet MetaMask in June 2022

Lending

5
  • Premium Statistic Crypto interest rates on selected DeFi platforms in 2022
  • Premium Statistic Daily TVL of DeFi lending platform Maker up until March 25, 2022
  • Premium Statistic Daily TVL of DeFi lending platform Aave up until March 24, 2022
  • Premium Statistic Daily TVL of DeFi lending platform Anchor Protocol up until May 12, 2022
  • Premium Statistic Daily TVL of DeFi lending platform Compound up until March 25, 2022

Lending

  • Premium Statistic Crypto interest rates on selected DeFi platforms in 2022

    Topic: Decentralized Finance (DeFI) (24)

    Crypto interest rates on selected DeFi platforms in 2022

    Crypto lending interest rates for 12 cryptocurrencies on different Decentralized Finance (DeFi) platforms in 2022

  • Premium Statistic Daily TVL of DeFi lending platform Maker up until March 25, 2022

    Topic: Decentralized Finance (DeFI) (25)

    Daily TVL of DeFi lending platform Maker up until March 25, 2022

    TVL (total value locked) of Decentralized Finance (DeFi) lending protocol Maker as of March 25, 2022 (in billion U.S. dollars)

  • Premium Statistic Daily TVL of DeFi lending platform Aave up until March 24, 2022

    Topic: Decentralized Finance (DeFI) (26)

    Daily TVL of DeFi lending platform Aave up until March 24, 2022

    TVL (total value locked) of Decentralized Finance (DeFi) lending protocol Aave as of March 24, 2022 (in billion U.S. dollars)

  • Premium Statistic Daily TVL of DeFi lending platform Anchor Protocol up until May 12, 2022

    Topic: Decentralized Finance (DeFI) (27)

    Daily TVL of DeFi lending platform Anchor Protocol up until May 12, 2022

    TVL (total value locked) of Decentralized Finance (DeFi) lending protocol Anchor Protocol as of May 12, 2022 (in billion U.S. dollars)

  • Premium Statistic Daily TVL of DeFi lending platform Compound up until March 25, 2022

    Topic: Decentralized Finance (DeFI) (28)

    Daily TVL of DeFi lending platform Compound up until March 25, 2022

    TVL (total value locked) of Decentralized Finance (DeFi) lending protocol Compound as of March 25, 2022 (in billion U.S. dollars)

Payments

3
  • Premium Statistic Daily market cap history of DeFi payment protocol AMP up until August 2, 2022
  • Premium Statistic Global consumer and merchant acceptance of crypto payments 2021, by industry
  • Premium Statistic Industries that accept cryptocurrency payments through BitPay 2020-2023

Payments

  • Premium Statistic Daily market cap history of DeFi payment protocol AMP up until August 2, 2022

    Topic: Decentralized Finance (DeFI) (29)

    Daily market cap history of DeFi payment protocol AMP up until August 2, 2022

    Market capitalization of Decentralized Finance (DeFi) payment protocol Amp from April 2013 to August 2, 2022 (in million U.S. dollars)

  • Premium Statistic Global consumer and merchant acceptance of crypto payments 2021, by industry

    Topic: Decentralized Finance (DeFI) (30)

    Global consumer and merchant acceptance of crypto payments 2021, by industry

    Willingness to use/accept cryptocurrencies for payments by consumers/merchants across various industries worldwide as of 2021

  • Premium Statistic Industries that accept cryptocurrency payments through BitPay 2020-2023

    Topic: Decentralized Finance (DeFI) (31)

    Industries that accept cryptocurrency payments through BitPay 2020-2023

    Distribution of cryptocurrency transactions processed via BitPay from 2020 to 2023, by industry

Topic: Decentralized Finance (DeFI) (2024)

FAQs

Topic: Decentralized Finance (DeFI)? ›

Decentralized Finance (DeFi) is a new financial paradigm that leverages distributed ledger technologies

distributed ledger technologies
Distributed ledger technology (DLT) refers to the protocols and supporting infrastructure that allow computers in different locations to propose and validate transactions and update records in a synchronised way across a network.
https://www.bis.org › publ › qtrpdf
to offer services such as lending, investing, or exchanging cryptoassets without relying on a traditional centralized intermediary.

What is DeFi decentralized finance explained? ›

DeFi stands for decentralized finance, which means everything from simple transfers to complex financial functions are facilitated without any third-party involvement. To help you understand DeFi, let's first cover traditional, centralized finance.

Is DeFi a good investment? ›

DeFi projects can be profitable, but they also come with risks. It's crucial to thoroughly research and understand each project before investing. Some popular DeFi projects include Aave, Uniswap, and Compound.

What is an example of a DeFi? ›

As an example, DeFi applications like Uniswap and SushiSwap have revolutionized the way cryptocurrencies are exchanged; both are decentralized exchanges that allow users around the world to swap and exchange a wide variety of digital assets, such ERC20 tokens, an Ethereum token standard for fungible tokens, in the ...

What is the idea of DeFi? ›

DeFi, short for decentralized finance, is blockchain-based technology designed to allow users to perform financial transactions – like lending, banking and investing – with cryptocurrencies without needing traditional market participants, like a bank.

How does DeFi make money? ›

Decentralised Exchanges

To achieve this, most DEXs use automated market makers (AMMs) whereby liquidity providers send their tokens into a liquidity pool. Akin to traditional lenders and banks, providers offer their liquidity in exchange for interest. DEXs generate DeFi revenue by taking fees for every transaction.

Is DeFi safe? ›

Faulty smart contracts are among the most common risks of DeFi. Malicious actors eager to steal users' funds can exploit smart contracts that have weak coding. Most decentralized exchanges enable trading through the use of liquidity pools. These pools generally lock two cryptocurrencies in a smart contract.

How risky is investing in DeFi? ›

Software security vulnerabilities can also destroy your DeFi investments. Many relatively reputable DeFi protocols, including Yearn Finance and Pickle Finance, have been victimized by hackers exploiting security vulnerabilities in their software to steal investors' funds.

What are the disadvantages of DeFi? ›

Without a comprehensive understanding of the mechanisms underlying DeFi, users are susceptible to making errors, which could lead to substantial financial losses. Another major disadvantage of DeFi is the high number of risks associated with it.

Is DeFi still profitable? ›

Revenue in the DeFi market is projected to reach US$26,170.0m in 2024. Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 9.07% resulting in a projected total amount of US$37,040.0m by 2028. The average revenue per user in the DeFi market amounts to US$1,378.0 in 2024.

Is Bitcoin a DeFi? ›

While DeFi is a decentralized financial services system, Bitcoin is a cryptocurrency. Simply put, DeFi is the environment that facilitates Bitcoin transactions between two individuals or parties.

What currency does DeFi use? ›

DeFi is making its way into a wide variety of simple and complex financial transactions. It's powered by decentralised applications (dApps), also known as protocols Dapps and protocols handle transactions in the two main cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH).

What coins are under DeFi? ›

DeFi Cryptos
#Name24H %
2Chainlink LINK+3.77%
3Uniswap UNI+21.14%
4Dai DAI+0.01%
5Maker MKR+13.8%
17 more rows

Why do people want DeFi? ›

Low fees and high interest rates: DeFi enables any two parties to negotiate interest rates directly and lend cryptocurrency or money via DeFi networks.

Which coins are decentralized? ›

Top Decentralized Finance (DeFi) Coins Today By Market Cap
#Name1H
1Lido Staked Ether ( STETH )+0.37%
2Chainlink ( LINK )+1.34%
3Uniswap ( UNI )-1.29%
4Dai ( DAI )+0.20%
39 more rows

What is decentralized finance for dummies? ›

Decentralization: Unlike traditional financial systems that rely on centralized institutions like banks, DeFi operates on decentralized networks, typically using blockchain technology. This means there's no single authority controlling the system, enhancing transparency and reducing the need for intermediaries.

What is DeFi decentralized banking? ›

DeFi, short for decentralized finance, encompasses many different actions that can take place via blockchain and decentralized currency. These actions mimic those traditionally carried out by banks and other financial institutions, but without the 'middleman'.

How is DeFi different from Bitcoin? ›

Even though the two concepts are related and tied together due to their underlying technology, blockchain, they are different concepts. Think of DeFi technology as the bank or a financial services provider and Bitcoin as the currency that makes the world go round.

What are the advantages and disadvantages of DeFi? ›

While DeFi has many advantages, such as increased accessibility and transparency, it also has its fair share of disadvantages, such as high volatility and security risks. In this article, we will explore the advantages and disadvantages of DeFi and how they impact the future of finance.

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