Assessing the state of DeFi in Q3 for your ‘more signal, less noise’ strategy

Assessing the Q3 performance of the decentralized finance (DeFi) ecosystem, CoinShares found that while the total value locked (TVL) of DeFi protocols increased by just 3% within the 3-month period, revenues across the various sectors that make up the DeFi ecosystem fell by 44% on a quarter-on-quarter basis.  Acknowledging the impact of the downturn in […]