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DeFi dApps show low growth compared to Ethereum activity, JPMorgan finds

According to the report, DeFi’s growth, in terms of dollar rise of Ethereum, is up by 780% this year.

DeFi dApps show low growth compared to Ethereum activity, JPMorgan finds

Cover art/illustration via CryptoSlate

Over the past year, DeFi’s rise has been aggressive in terms of prices; however, this is just the face value as its growth, volume-wise, leaves a lot to discuss.  This was revealed by an analysis carried out by strategists at JPMorgan.

DeFi’s growth has been slow but steady According to the report, DeFi’s growth, in terms of dollar rise of Ethereum, is up by 780% this year.

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