DeFi Records ‘Exponential’ Growth in Assets
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DeFi hits new heights with more than 1,000 new assets added in May and total user numbers reaching 550,000.
Decentralized finance (DeFi) continues to grow at an exponential rate with the number of new DeFi assets increasing by almost ten fold over the same time last year.
Zerion DeFi project founder Evgeny Yurtaev shared a graphic on Twitter showing the number of new assets almost doubled in the last month and commented that growth “looks exponential to me”. The number of new assets reached over 1,000 for the first time last month with Uniswap Protocol accounting for approximately 75% of them.
Readmore: https://cointelegraph.com/news/defi-records-exponential-growth-in-assets