18 Dec 201917:59
Analytics
ETHEREUM DEFI ECOSYSTEM

ETHEREUM DEFI ECOSYSTEM

Ethereum DeFi ecosystem consists of almost 200 projects so far according to defiprime.com

We have prepared infographics showing the breakdown of categories:

DeFi Infrastructure & Dev Tooling – 37 projectsAssets Management Tools – 30 projectsAnalytics – 26 projectsDecentralized exchanges on Ethereum – 22 projectsDecentralized Lending on Ethereum – 13 projectsAsset Tokenization – 12 projectsKYC & Identity – 11 projectsPayments – 11 projectsMarketplaces – 9 projectsStablecoins – 9 projectsMargin Trading on Ethereum – 5 projectsDerivatives – 4 projectsEthereum-based DAO Platforms – 3 projectsDecentralized Insurance Platforms – 3 projectsPrediction Markets – 3 projects

DeFi is definitely one of the most popular trends in crypto in 2019 but we believe that it is just a start and DeFi will boom in 2020. We anticipate hundreds of new protocols and services to appear in 2020, while the amount of ETH locked in DeFi will continue to raise. Ethereum has already established itself as the most prominent platform for decentralized finance, but we definitely see that platforms like EOS, Wanchain, etc are entering the race.