A Year of Achievements
In 2019 total value of DEX volume surpassed $2.3 billion, a massive growth compared to 2018 which was $302M.
Uniswap 🦄 was hot in 2019 with $368.9M volume and reaching a new all time high daily volume of $8M. In 2019 alone the dapp grew +5739% 🔥
Assets locked skyrocketed
Collateral more than doubled with total value of $664M, a 179% increase from 2018. Eth still leading following by DAI.
Lending is the killer app. Derivatives follows.
Popular loans dapps originated $727M in loans in 2019.
Derivative market saw a HUGE growth with Synthetix leading the way. Synthetix SNX token alone soared 3300% in 2019.
2019 was an exciting year for DeFi but what's next?
- Under collateralized loans?
- Decentralized identity?
- Better UX?
- What else... Share on twitter
2019 DeFi in Review was brought to you by stackbrief. Follow us @stackbrief
DISCLAIMER: All information provided here is merely for informational purposes. Data by defipulse.com, loanscan.io, and duneanalytics.com.