Examining DeFi funding over the past three months
Quick Take
- 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
This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.
Go to Source
Author: John Dantoni