INOFi Protocol
  • INOFi Introduction Summary
  • Executive Summary
  • Introduction
    • The Value Of NFT
    • NFT Market Status
    • NFT Problem
    • INOFi Solution
    • The Value of DeFi
    • DeFi Market Status
    • DeFi Problem
  • INOFi Report
    • INOFi Summary
    • NFT
    • Fractional NFT
    • DeFi
    • Chains
    • Offering Token
  • INOFi Platform Model
    • INOFi Ver.1
    • INOFi Ver.2
  • FON TOKEN
    • Mining Logic
    • FON Token Mining Release​
  • Functionalities
    • Ticket
    • Offering
    • Staking
    • Auction
  • Disclaimer
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  1. Introduction

DeFi Market Status

The DeFi market size can be predicted based on the amount of virtual assets deposited on the DeFi system. As of November 2021, the amount of virtual assets deposited in DeFi systems around the world is about 240 trillion won. This is about 240 times higher than the 1 trillion won deposited in May 2020. It shows that the DeFi market is expanding rapidly. In addition, the daily volume of de-centralized exchanges on the DeFi system is approximately 10 trillion won, which is close to 5% of the total virtual asset transactions. More than 157 million monthly users show that many people are interested in and participating in the DeFi system.​

Here's why the DeFi market has grown so much.​

This is because various DeFi projects have attracted many users and virtual assets through staking functions and liquidity supply products that can be compensated by depositing virtual assets. This situation is likely to continue for some time.​

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Last updated 2 years ago