DeFi has exploded by 800 percent but has a long way to go mainstream

TL;DR Breakdown Decentralized finance is the investment and trading of assets in a distributed environment without a central entityDefi metrics include, On-chain cryptocurrency value received, On-chain retail value transferred, and Peer-to-peer (P2P) exchange trade volume What is DeFi? Decentralized Finance is a form of Finance that relies on blockchain forms or distributed systems and does not involve financial intermediaries. DeFi involves the trading and investment of digital assets. Since the rise of the cryptocurrency markets, DeFi has attempted to go mainstream in the finance sector. It has been to no avail, but the fruits were not wholly futile. More investors have embraced the digital way of trading.  DeFi adoption In an attempt to measure the adoption of Decentralized Finance, the Global DeFi Adoption Index has compiled statistics that show an 880% increase in the usage of DeFi. Instead of using the volume of transactions and the number of assets being exchanged, the Global DeFi Adoption Index uses non-professional and small-scale crypto traders. They also consider ordinary activities like making payments and savings, not just trading, exchanges, and making speculations. By doing this, they not only focus on big economies and markets which have the upper hand in cryptocurrency.  Cryptocurrencies share size per platform by Chainalysis.com The metrics used in measuring DeFi adoption are pretty diverse and involving. T...