Market Cap DeFi Dominance, %

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About Market Cap DeFi Dominance, %

The idea of DeFi emerged in 2017, and since then it's been receiving tons of attention — and that's putting it lightly. We can all probs agree, it's quite well-deserved: DeFi is a promising technology looking to bring financial control to individuals, facilitate lending and borrowing, and provide faster and more secure transactions... If it's able to achieve that is still to be seen, but it would be wise to keep an eye on its growth. That is why we've prepared the chart of total DeFi dominance — the ratio of DeFi market cap to total crypto market cap. It can tell you what share of the market DeFi coins take. Look closely: if the share is growing, maybe it would be wise to bet on DeFi?