Mapping out Ethereum's DeFi ecosystem

On-chainSeptember 22, 2021, 3:32AM EDT
UPDATED: March 7, 2022, 1:17PM EST
Mapping out Ethereum's DeFi ecosystem
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Despite potential regulatory concerns surrounding the Decentralized Finance (DeFi) vertical and subsequent stablecoins that power much of its ecosystem, DeFi has been the most popular deal type amongst investors for the majority of 2021.

The DeFi vertical has received nearly $1.3 billion investment across 275 funding rounds, with Ethereum-based applications receiving a significant percentage of that capital from January to August.

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