How Gate.io is Evolving Amid DeFi’s Resurgence

Decrypt 9 months ago 161

Decentralized finance (DeFi) is gaining momentum, as the sector adapts to evolving market conditions and technological capabilities.

After significant volatility in recent years, DeFi's market share in cryptocurrency trading has grown from 0.33% in 2020 to 11.91% in 2024, according to researchers for crypto platform Gate.io.

Speaking to Decrypt, Gate.io researchers pointed to growing regulatory clarity, layer-2 solutions, innovative protocols, institutional interest and global economic instability as key drivers of the resurgence in interest in DeFi. They also highlighted the importance of 2020’s “DeFi Summer” as a learning experience, arguing that the sector should focus on “real-world utility and robust infrastructure” over speculative gains.

Platform evolution and DeFi infrastructure

According to Gate.io’s researchers, the trading platform landscape has evolved substantially since 2020's "DeFi Summer." This period saw unprecedented growth in liquidity mining and yield farming, with projects lik...

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