Examining DeFi funding over the past three months
- Over the past three months, we have identified at least 36 DeFi applications that received funding for their projects
- In aggregate, roughly $100 million was allocated to DeFi projects, with an average deal size of approximately $3 million, and a median deal size of $1.8 million
- One of the most dominant trends or 25% of all investment deals was providing capital to applications that are either being built on protocols other than Ethereum or providing an interoperable bridge to other protocols
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Author: John Dantoni