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Ethereum DeFi’s poster child, MakerDAO, is up 120% in the past month: why this is important Ethereum DeFi’s poster child, MakerDAO, is up 120% in the past month: why this is important

Ethereum DeFi’s poster child, MakerDAO, is up 120% in the past month: why this is important

Together with insights from Su Zhu

Aside from Bitcoin gaining a perfect storm of macro factors, one of the biggest narratives in the crypto market over the past few months has been decentralized finance (DeFi).

Ethereum DeFi’s poster child, MakerDAO, is up 120% in the past month: why this is important

Photo by SpaceX on Unsplash

Aside from Bitcoin gaining a perfect storm of macro factors, one of the biggest narratives in the crypto market over the past few months has been decentralized finance (DeFi).

The DeFi industry has seen vast amounts of investment while the number of users in blockchain-based finance products has shot up rapidly.

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