Competitive DeFi Outlook 2023

The Block Research has recently summarized trends in DeFi throughout 2022. To recap, while total value locked, volume, and revenue dwindled across the DeFi space amid a more challenging economic environment and despite the collapse of a flawed algorithmic stablecoin, innovation continued with new entrants gaining market share in maturing sectors.  

See Biggest DeFi Trends in 2022 and DeFi Derivatives Adoption in 2022 for a detailed overview of the current state of DeFi.