What is Defi adoption?

DeFi adoption “has primarily been powered by experienced cryptocurrency traders and investors looking for new sources of alpha in innovative new platforms, even when we weight our index to favor grassroots adoption,” the report said. Alpha refers to a return on investment beyond a benchmark.

What is the Defi adoption index?

That’s why this year, we decided to create a new geographic index ranking countries by DeFi adoption specifically. Similar to our Crypto Adoption Index, the DeFi Adoption Index is designed to highlight countries with the highest grassroots adoption by individuals, rather than those sending the largest raw values of funds.

Is Defi adoption growing?

In its "Global DeFi Adoption Index," the blockchain data firm found that while DeFi adoption has increased significantly over the past 18 months in both emerging and developed markets, most of that growth has occurred in countries and regions with higher incomes and more professional investors and traders.