🚀 Apollo Crypto just released a report on the new growth wave of DeFi! 📈

🔹 After "DeFi Summer" 2020, the market slowed down but Maker, Uniswap, Aave are still the pillars.

🔹 Current DeFi TVL is about 105 billion USD, many people predict the revival of DeFi.

💡 Macro factors:

🔸 Fed's interest rate cuts and China's credit expansion boost DeFi.

🔸 Lower interest rates increase the attractiveness of BTC and ETH.

🔧 Infrastructure and UX improvements:

🔸 Improved DeFi infrastructure, reducing transaction costs.

🔸 Coinbase launches cbBTC, easily converting BTC to other crypto assets.

🔥 Key protocols:

🔸 Aave leads the decentralized lending platform.

🔸 Uniswap maintains its position as the largest decentralized exchange by volume.

🔸 Maker rebrands to Sky, launches controversial stablecoin USDS.

👉 What do you think about the future of DeFi? Comment now! 💬