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DeFi flashes early revival signs as retail and institutional inflows trickle in

Published 02/11/2022, 07:00 PM
Updated 02/12/2022, 08:40 PM
© Reuters.

Decentralized finance (DeFi) has had a rough go so far in 2022, and data from Messari shows the top ten-ranked DeFi assets currently down between 10% to 50% since the start of the year.

Top ten DeFi tokens by market capitalization. Source: Messari

A positive is, the situation may change soon as funds have began to flow back into the DeFi ecosystem following a month of declines as data shows institutional and retail funds returning to crypto markets.

Total value locked in DeFi. Source: Defi Llama
Monthly DEX volume by project. Source: Dune Analytics
Top dApps based on GMV. Source: Token Terminal
Total DeFi users over time. Source: Dune Analytics

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