Decentralized Finance, or DeFi, is a fast-growing industry that is changing the way we think about finance. DeFi is built on blockchain technology, which makes it possible to create financial products and services that are decentralized, transparent, and autonomous. #DeFiChallenge

Until recently, DeFi was only known to a small group of crypto enthusiasts. However, in the last year, the industry has seen an explosion in popularity. This is partly due to the increase in the number of DeFi projects and their success. The total value locked in DeFi applications has grown from $112 million to over $60 billion in the last year.#DeFigoesMainstream

The mainstream adoption of DeFi is being driven by the benefits it offers, such as instant settlement times, low fees, and global accessibility. This is attracting both individual investors and institutional investors. As DeFi continues to grow, we can expect to see more traditional financial institutions getting involved in the space.$USDC