Attention crypto enthusiasts! 🚀 Apollo Crypto has released an optimistic report on the future of decentralized finance (DeFi). Following the “DeFi Summer” boom in 2020 and a subsequent slowdown, protocols like Maker, Uniswap, and Aave have established themselves.

đŸ”č DeFi TVL: $105 billion

đŸ”č Macroeconomic factors: Fed rate cuts and credit expansion in China

đŸ”č Infrastructure and UX improvements: Faster and cheaper transactions

Do you think DeFi is ready for a second wave of growth? Let us know your thoughts in the comments!