Ethereum-based DeFi Stole Show in Q3 2020: Report

[Galaxy]

A report by crypto metrics firm CoinGecko confirms that decentralized finance had a massive impact on the market this summer. According to a report on this summer’s crypto market from Singaporean crypto metrics site CoinGecko, “Q3 2020 was the summer of Decentralized Finance (DeFi).” Well, yeah.

But the numbers are eye-catching. CoinGecko found that capital inflow into the crypto market increased by $9.15 billion in Q3, attributing the spike to DeFi protocols.
Info link: https://decrypt.co/44508/ethereum-based-defi-stole-show-in-q3-2020-report