DeFi Growth Results in 1200% Improve in DApp Quantity in 2020: Report from Cointelegraph


DeFi Boom Leads to DApp Volume Up 1200% in 2020: Report

DApp’s transaction volume has so far exceeded $ 270 billion in 2020, with 95% of that number belonging to Ethereum’s DeFi ecosystem, according to DappRadar. That’s a staggering 1178% increase over the previous year’s $ 21 billion.

The blockchain data provider announced the numbers in its annual report DApp industry report Today the highlights and failures of a record year for the DApp-based economy are summarized.

Read on on Coin Telegraph

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