Odaily Planet Daily reported that investment management company Apollo Crypto released an exciting report, revealing the potential for decentralized finance (DeFi) to usher in a second round of growth! The report pointed out that macroeconomic factors such as the Fed's interest rate cuts and China's credit expansion will become key drivers of DeFi growth.

After the peak of the "Summer of DeFi" in 2020, the market has slowed down, but protocols such as Maker, Uniswap and Aave have become the mainstay of the industry. As of now, the total TVL of DeFi is about 105 billion US dollars, showing a strong market foundation.

In addition, the report also highlighted the achievements in the construction of DeFi infrastructure, especially in the past few years, the optimization of block space and the reduction of transaction costs of L2 expansion solutions, allowing DApps to run at higher performance speeds. In the future, the development prospects of DeFi are exciting! 🚀