DeFi in 2020
A review and analysis of the Decentralized Finance ecosystem and its performance in 2020 by Lex Sokolin, Global Fintech Co-Head at ConsenSys.
Today, there is over $13 billion locked in DeFi protocols and $20 billion in USD stablecoins. Millions of people across the globe are using the Ethereum blockchain to build and participate in a new economic system that is powered by code and setting new standards for financial access, opportunity, and trust.
Join us as we review DeFi in 2020, and discuss our predictions for next year.
ConsenSys is a market-leading blockchain technology company.
We enable developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. Our product suite, composed of Infura, Quorum, Codefi, MetaMask, and Diligence, serves millions of users, supports billions of blockchain-based queries for our clients, and has handled billions of dollars in digital assets. Ethereum is the largest programmable blockchain in the world, leading in business adoption, developer community, and DeFi activity. On this trusted, open-source foundation, we are building the digital economy of tomorrow.