Binance Research points out that capital inflows to the DeFi sector are accelerating.

Binance Research, the research department of the crypto exchange Binance, published a report on capital inflows to the decentralized finance (DeFi) sector in 2024.

The report titled "Breakthrough DeFi Markets" emphasized that capital inflow to DeFi will accelerate in 2024. Data presented in the report shows that the total value locked (TVL) in the sector has increased by 75.1% since the beginning of the year, from $54.2 billion to $94.9 billion.

In the detailed report prepared by Binance Research, it is seen that potential developments as well as current developments in the DeFi field are analyzed. Accordingly, the report identifies important trends while also reflecting innovative protocols and potential opportunities.

The important sales headlines from the detailed report prepared by Binance Research analysts are as follows:

In 2024, the DeFi sector recorded a significant capital inflow, while the total value locked (#TVL ) increased by 75%.

The total value locked in yield-bearing markets grew by 148.6% to $9.1 billion. The Pendle protocol pioneered derivative transactions across blockchain networks, with TVL increasing by 1,962% year-to-date, reaching $4.8 billion.

Stablecoin market value in #DeFi reached $161.2 billion. This was the highest level in nearly two years. After its launch, the stablecoin of the Ethena ecosystem increased its market value by 2,730.4% to $2.4 billion and became the 5th largest stablecoin in the market.

TVL related to loan transactions in crypto asset markets increased by 47.2%, reaching $32.7 billion. Morpho's loan products in this field; Morpho Blue and MetaMorpho have managed to attract billions of dollars in deposits by standing out as more flexible loan products.