Crypto market monitor CoinGecko has conducted new research by compiling data from DeFiLlama. According to the report published recently, the bankruptcy of centralized startups in the crypto-finance field (such as FTX) has led investors to decentralized finance. DeFi greatly increased their interest in their products.
While the investments made by companies investing in digital assets in the DeFi field tripled in just one year, the amount of investment received by central platforms decreased by 73%.
While $900 million was invested in the DeFi sector in 2021, this figure was recorded as $2.7 billion at the end of 2022. Startups that receive large investment, according to research Uniswap (UNI) And Lido Finance (LDO) it happened.
In light of the emerging data, the researchers stated that there are great investment opportunities for DeFi. The gradual decline in the investment received by central platforms indicates that the industry has reached the saturation point.
Despite the Bear Market…
Despite the bear market we witnessed last year, the increase in DeFi investment attracted the attention of crypto experts. While the total market value of decentralized finance platforms was approximately $32 billion in 2021, this figure decreased to $18.25 billion by the end of 2022.
While the presence of DeFi startups has almost halved, the triple increase in investments is promising for the future of the blockchain industry.
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