[Blockchain News] Apollo Crypto's latest report reveals DeFi's second round of growth potential! 🔍

The report points out that macroeconomic factors such as the Fed's interest rate cuts and China's credit expansion will become key drivers of DeFi development. Although the market has slowed down after the "Summer of DeFi" in 2020, protocols such as Maker, Uniswap and Aave have become mainstream in the industry.

Currently, the total TVL of DeFi is about 105 billion US dollars. The report also mentioned that the past few years have focused on building cryptocurrency infrastructure, enabling DApps to access block space at higher performance speeds and reduce transaction costs on L2 expansion solutions.

What do you think about the future of DeFi? Welcome to share your views in the comment section!