Competitive outlook for DeFi in 2022

DeFi ProtocolsDecember 9, 2021, 5:26PM EST
UPDATED: August 11, 2022, 5:49PM EDT
Competitive outlook for DeFi in 2022
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The Block Research has recently summarized trends in DeFi throughout 2021. To recap, the net value locked in DeFi exceeded $100 billion with increasing activities across leading sectors, including lending, decentralized exchanges (DEXs), decentralized stablecoins, etc. Some nascent sectors have also arisen throughout the year, such as liquid staking and smart wallets.

For a detailed overview of the current state of DeFi in 2021, see part 1 and part 2 of the series. 

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