Diving Deep into DeFi to Navigate the New Wave of Finance

Diving Deep into DeFi to Navigate the New Wave of Finance

Exchanges is the largest industry group under DeFi, with 33 assets and $12.1 billion in market capitalization. Within Exchanges, UNI, RUNE, CRV, CAKE and 1INCH are ranked in the sector top 10 by market capitalization. DAO is the second-largest industry group under DeFi with 16 assets and with $3.3 billion in market capitalization. Three out of the sector’s top 10 assets belong to the DAO industry group, with MKR as the largest followed by CRV and LDO. Credit Platform has 17 assets totaling $3.2 billion in market capitalization, with AAVE being the largest of them. Derivatives has 16 assets totaling $2.6 billion in market capitalization with PAXG as the largest. Yield has 14 assets with $1.6 billion in market capitalization, with CVX being the only one in the sector top 10.

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