Finance decentralizedThe DeFi product is a natural product enabled by blockchain technology. This technology also provides the right infrastructure and tools to make the technology more accessible. This space has seen a rapid growth since July 2015. Ethereum network transactions are growing 33x to over 1.2 million daily, while other blockchain transactions can exceed millions of transactions per day.

Many of these transactions came from DeFi services, such as. It facilitates $1 billion worth of swaps daily and also lends and borrows through protocols like Aave and Compound. With tens or billions of dollars in market value, this company is responsible for most of the transaction volume. These are huge numbers, but they only represent a fraction of trillion-dollar TradFi industry.