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28 September 2021

Data shows institutions, not retail, are driving crypto DeFi Adoption

Data shows institutions, not retail, are driving crypto DeFi Adoption


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According to thereport, DeFi has recorded a terrific year and has enjoyed widespread user adoption and usage amongst crypto enthusiasts.

Chainalysis continued that the burgeoning crypto space witnessed an influx of “large institutional transactions, meaning those above $10 million in USD, accounted for over 60% of DeFi transactions in Q2 2021, compared to under 50% for all cryptocurrency transactions.”.

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Cryptoslate.com
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