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Defimarketcap (https://defimarketcap.io/)
DefiWiki (https://defiwiki.org/wiki/Main_Page)
defirate.com (https://defirate.com/)
thedefiant (https://thedefiant.substack.com/)
defiprime.com (https://defiprime.com/blog)
decrypt.co (https://decrypt.co/)



The purpose of this short article is to talk about the ETH ecosystem. Most cryptocurrency users have heard of her, but many do not betray her meaning, and possibly in vain. The very first ICOs were usually funded by individuals, this was until 2017, when many companies offered fund-raising services entered the market. This caused a huge pump in the cryptocurrency market. The next pump is expected when institutional investors enter the market. Perhaps this financial platform, which I will discuss below, will become another growth driver.
https://defiprime.com/ethereum

The official website says:

DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries. We have 202 DeFi projects listed and 185 of them built on Ethereum.
A list of projects can be found on the site.
Binance Research has published a study on the DeFi sector. Professionals define DeFi as follows:
"An ecosystem consisting of applications built on decentralized networks, blockchains without access rights and peer-to-peer protocols to simplify lending / borrowing or trade in financial instruments."
Link (https://ru.ihodl.com/analytics/2019-09-11/chem-investorov-privlekayut-defi-proekty/)
Link (https://info.binance.com/en/research/marketresearch/defi-1.html)

"The goal of DeFi is to make the international banking system open and free. Such an opportunity appears every 50 years".

Analytics

https://defipulse.com
To date, 2.2 million ETH have been frozen in this ecosystem. This is almost 2 times more than a year ago. For nodes to work on the POS algorithm ETH 2.0, the community needs to attract at least 2 million ETH.
https://s8.hostingkartinok.com/uploads/images/2019/09/10a5bc2016e219e8e88b90d7209e871f.jpg (https://hostingkartinok.com/show-image.php?id=10a5bc2016e219e8e88b90d7209e871f)

The NASDAQ Stock Exchange has added support for yet another cryptocurrency-related index. The new index provides the market with information about blockchain projects that work in the field of decentralized finance (DeFi).
Defix is an index showing the dynamics of the most promising, according to EXANTE, blockchain projects working in the field of decentralized finance. At the moment, the index takes into account the course of 6 altcoins: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.
Link (https://bloomchain.ru/newsfeed/fondovaya-birzha-nasdaq-provela-listing-indeksa-defi-proektov/)

https://s8.hostingkartinok.com/uploads/images/2019/09/2ebf2cc1c69e0be6b55d9a870b15735d.png (https://hostingkartinok.com/show-image.php?id=2ebf2cc1c69e0be6b55d9a870b15735d)

Index:
https://en.tradingview.com/symbols/NASDAQ-DEFX/
The official website Defix:  https://defix.fund

Let's consider some interesting projects:

https://defipulse.com/maker

https://s8.hostingkartinok.com/uploads/images/2019/09/4cc8e2d8275777e3b8eb50fc54557510.jpg (https://hostingkartinok.com/show-image.php?id=4cc8e2d8275777e3b8eb50fc54557510)

More than 55% of ETH (1.522 million ETH) of the entire ecosystem is in this project.
The official website :   https://makerdao.com

MakerDAO is a decentralized credit platform on Ethereum that supports Dai, a stablecoin whose value is pegged to USD. Anyone can use Maker to open a Collateralized Debt Position (CDP), lock ETH as collateral, and generate Dai as debt against that collateral. Dai debt incurs a stability fee (i.e., continuously accruing interest), which is paid (in MKR) upon repayment of borrowed Dai.


https://defipulse.com/compound

https://s8.hostingkartinok.com/uploads/images/2019/09/c58ea23380ec7fe4a4990d89680bd872.jpg (https://hostingkartinok.com/show-image.php?id=c58ea23380ec7fe4a4990d89680bd872)

More than 18.5% of ETH (401,000 ETH) of the entire ecosystem is in this project.
Oфициaльный caйт:   https://compound.finance
Compound is an algorithmic money market protocol on Ethereum that lets users earn interest or borrow assets against collateral. Anyone can supply assets to Compound’s liquidity pool and immediately begin earning continuously-compounding interest. Rates adjust automatically based on supply and demand.

https://defipulse.com/instadapp

https://s8.hostingkartinok.com/uploads/images/2019/09/7791c184956c16a54038871b2c0bb48e.jpg (https://hostingkartinok.com/show-image.php?id=7791c184956c16a54038871b2c0bb48e)

More than 8% of ETH (178,000 ETH) of the entire ecosystem is in this project.
The official website:   https://instadapp.io
InstaDApp provides an intuitive interface on top of the MakerDAO protocol that’s optimized for users lacking advanced technical or financial experience.
This platform could completely replace all of the banking functions.

Some information about other projects

https://www.wbtc.network/
Wrapped Bitcoin delivers the power of Bitcoinwith the flexibility of an ERC20 token Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.
Completely transparent. 100% verifiable. Community led. KYC and AML required.

But there is a project https://tbtc.network, similar to wbtc, only without KYC and other bullshit :)

https://weth.io/ ETH token on the Etherium platform. Funny, isn't it?
This is done in order to manage the ecosystem and change ether tokens to any other tokens (gold, real estate, fiat, etc.)

https://digix.global tokenized gold.  1 gram of gold = 1 token.
https://uniswap.exchange/swap and https://spaces.airswap.io allows you to exchange some tokens for others.

Conclusions
Now the financial system is ruled by banks and other financial organizations. Accordingly, they manage the market and dictate their own rules and regulations. As soon as this system starts working on a decentralized blockchain, where more than one state cannot intervene in these processes + services will be available to any resident who has access to the Internet, we will get a completely new financial system.
Just imagine, you are a builder, you tokenize real estate and sell it on a decentralized exchange, you are a farmer, you have the opportunity to tokenize the product and hedge, and so on in any business

This is the future and a huge driver for growth. And that ecosystem, which will create optimal conditions for working on its platform, will be the new decentralized world bank.
Ethereum has every chance.

my article in Russian (https://bitcointalk.org/index.php?topic=5185915)

Bы пpaвы бyдyщee зa Ethereum
 Ha ceгoдняшний дeнь этo глaвный пpoдyкт cпocoбный измeнить вcю финaнcoвyю cиcтeмy вoт eщё oдин из вoзмoжныx вapиaнтoв http://prosh.ru/smartcontract.html
You are right the future for Ethereum
  Today it is the main product capable of changing the entire financial system; here is another possible option http://prosh.ru/smartcontract.html

Damn! I had no idea that there are more than 202 Defi projects in crypto-verse. Since every day we are getting more and more DeFi projects I hope this will not become the new ICO bubble of 2020.

I already forgot about this article, because it did not receive reviews.

September 2019 :)

June 2020
https://i.ibb.co/NTdNd4h/1-j-LT19q-FY6-n-Wj4hcfu-Xsd-Q.jpg (https://ibb.co/qJ3g3ZG)

The capitalization of many projects has grown 1000 times in 9 months.

That's a great overview of DeFi sector! Don't hesitate to share your knowledge with other community members on https://defiwiki.org/

Why is DeFi called decentralized finance? If centralized Stablcoin is laid

Well, not each stablecoin is centralized. We can consider as examples of centralized stablecoins: Tether, Gemini or USD Coin. They are backed by fiat currencies or commodities collateral-backed. But there are decentralized stablecoins that are backed by crypto/multiple assets. Such as MakerDAO's DAI, Synthetix, EOSDT, etc. https://defiwiki.org/wiki/Stablecoins
DeFi is not only about stablecoins, but there are also many other components https://defiwiki.org/wiki/DeFi_-_A_Beginner%E2%80%99s_Guide_to_Decentralized_Finance

Увaжaeмый! Чeм пpинципиaльнo oтличaeтcя MakerDAO DAI oт Tether oби мoнeты yпpaвляютcя цeнтpaлизoвaннo, и кaждaя из ниx oпиpaeтcя нa дoллap, ecли в ocнoвe лeжит xoть oдин элeмeнт yпpaвлeния, тo кaк жe иx мoжнo нaзвaть дeцeнтpaлизoвaнными.

Respected! What makes MakerDAO DAI fundamentally different from Tether? Obi coins are managed centrally, and each of them relies on the dollar, if at least one control is at the core, how can they be called decentralized.

"Every Tether is always 100% backed by Tether reserves",  but we did not see the audit report ;D
Tether is centralized, any token transactions can be suspended.
https://bitcointalk.org/index.php?topic=5247581

"Maker provides the release of Dai stablecoins secured by ETH."
http://www.makerdao.com/
"You can issue a DAI for 66% of the asset value."
Dai is not centralized, no one can pause your transactions or block your tokens.

Online Token Statistics
https://makerburn.com

Nice right up last year, many speculators would have done well to pay attention to defi projects given the moves they have made this year.


Regarding this index, to me these projects look over-extended right now and soon about to come back down to reality, losing half it's value after 4x growth seems completely reasonable to me: I don't doubt that this market can make new highs again this year, but not before a considerable correction for a few weeks or months.

https://talkimg.com/images/2023/09/10/m4901.png (https://www.tradingview.com/chart/DEFX/VNUDXkFW-DEFX-DeFi-Breaking-Bearish-Time-for-a-retrace/)

Defix is dynamics of six decentralized finance solutions: Augur, Amoveo, Gnosis, Numerai, MakerDAO and 0x.
https://defix.fund/

But this index does not reflect the real statistics of DEFI.

https://defipulse.com/
MakerDAO -  2nd place
Augur- 25nd place

I heard a lot of good news about  Augur. Augur V2. Launching soon. https://www.augur.net/
And heard little about Amoveo, Gnosis, Numerai.

At the beginning of the year, I would bet on the growth of this index, but I bought ETH.
Now I would not play with this index

As a member has rightly analysed based on the chart that all these defi based projects seem to be at a peak of hype and also value so better to not get into fomo now and wait for a good correction from here and even if you want to buy and hild these tokens you can buy at a better price hopefully, if you can wait a little more buying now at high prices may not be a wise thing to do.

Ктo тaкoй («Coздaтeль oбecпeчивaeт выпycк cтaбильныx мoнeт Dai,)
Гocпoдь или y нeгo ecть дpyгoe имя? Кoгдa я гoвopю, чтo (MakerDAO DAI oт Tether oби мoнeты yпpaвляютcя цeнтpaлизoвaннo) я имeю в видy чтo для coздaния любoй мoнeты Stablecoins пpиcyтcтвyeт pyчнoe yпpaвлeниe вce oни oпиpaютcя нa кaкиe-тo финaнcoвыe aктивы, тpeтьиx лиц кoтopыx в любoй мoмeнт мoжнo oбнyлить. Caмый нaдёжный и лyчший финaнcoвый aктив этo Ethereum пpoдaётcя нa иcкyccтвeннyю пpoизвoднyю (MakerDAO DAI), кoтopaя в cвoю oчepeдь oпиpaeтcя нa бecкoнeчнyю эмиccию дoллapa. Moё мнeниe cлeдyющee вce coздaтeли финaнcoвыx экocиcтeм xoтят пoдчинить дeцeнтpaлизoвaннyю кpиптo вaлютнyю cиcтeмy Фиaт нoй, чтo в кopнe нeпpaвильнo. Oб этoм я диcкyтиpoвaл нa coceднeй вeткe https://bitcointalk.org/index.php?topic=5241545.msg54591037#msg54591037 (https://bitcointalk.org/index.php?topic=5241545.msg54591037#msg54591037)

Who is (“The Creator ensures the release of stable Dai coins,)
Lord or does he have another name? When I say that (Tether's MakerDAO DAI obi coins are managed centrally), I mean that to create any Stablecoins coin, there is manual control, they all rely on some financial assets, which third parties can be reset at any time. The most reliable and best financial asset is Ethereum sold on an artificial derivative (MakerDAO DAI), which in turn relies on an infinite issue of the dollar. My opinion is the following: all the creators of financial ecosystems want to subordinate the decentralized cryptocurrency system to Fiatnoi, which is fundamentally wrong. I discussed this on a neighboring branch https://bitcointalk.org/index.php?topic=5241545.msg54591037#msg54591037

I realise that this index doesn't reflect the true nature of the defi market, defipulse (https://defipulse.com/) is clearly better at representing this. I however feel this technical analysis is very relevant, as many institutional investors will speculate based on this index regardless of what projects make it up. Ie, speculators are betting on the word "defi", as opposed to individual projects right now, given how parabolic the market has become.

Looking at the FTX September 2020 index (that doesn't have a lot of data), to me it still seems clear that this market is topping out right now, it appears to be in confluence with defi pulse 7 day chart at least:

https://www.tradingview.com/x/ciU2NmTJ/

investments, staking through the defi sites are an excellent opportunity for gain, and various operations can also be done above such as arbitrage between the various sites and the combination of borrow and lending always on various sites or even on the same with various altcoin...

Maker = https://makerdao.com/

If you hate DeFi, you could just tell every smart contract has its own address. If you know the private key of this address, then you can pick up the money and run away. :D
"De" - don't mean do what you want.
If you own DAI, then you do not need a bank or other intermediaries, you can manage your tokens as you like, DAI has honest emission and rules of burning, no one can interfere in your transactions.

The DAI token does not have blacklists.
If we compare, we will see that the DeFi ecosystem gives a lot more freedom than the current financial system.

Loving the way others are throwing merit at the OP now, 9 months later  :D Surprised nobody merited it earlier to be honest...
It's funny to see the screenshot with Compound at half a million though, now it's over $1 billion  :P

I have never traded on exchanges like NASDAQ, but the DEFI ecosystem allows you to trade each token individually.
It seems to me that you can get more profit by investing in interesting DEFI projects.

Финaнcoвaя cиcтeмa DeFi в ocнoвe кoтopoй лeжит cyщecтвyющaя мoнeтapнaя cиcтeмa, имeющaя pyчнoe yпpaвлeниe oпиpaющaяcя нa кypcoвyю cтoимocть дoллapa кoтopaя пoдвepжeнa pиcкaм пoтepь финaнcoвыx aктивoв пpи бoльшoй и peзкoй oтpицaтeльнoй вoлaтильнocти ETH нe мoжeт быть пoлнocтью нaдёжным финaнcoвым дeцeнтpaлизoвaнным инcтpyмeнтoм.

The DeFi financial system, which is based on the existing monetary system, which is manually controlled based on the exchange rate of the dollar, which is exposed to the risks of financial asset losses due to the large and sharp negative volatility of ETH, cannot be a fully reliable financial decentralized instrument.

How do you explain this? https://news.bitcoin.com/trouble-in-defi-paradise-compound-issued-dai-surpasses-dai-in-circulation/ (https://news.bitcoin.com/trouble-in-defi-paradise-compound-issued-dai-surpasses-dai-in-circulation/)

https://twitter.com/0xstark/status/1280271088010907648
Josh Stark(C)

"total value locked in DeFi:

$0 to $1 billion: ~30 months

$1 billion to $2 billion: ~5 months"

https://i.ibb.co/MsKn2nL/Ec-Rvex-TWo-AI0-Mg2.png (https://imgbb.com/)


https://twitter.com/OKEx/status/1280148612572491776
OKEx+DeFi
https://s8.hostingkartinok.com/uploads/images/2020/07/00a909f83eae18d69544803515733aea.png (https://hostingkartinok.com/show-image.php?id=00a909f83eae18d69544803515733aea)

For everyone who wants to get complete information about DeFi, I suggest you read a good book.

https://landing.coingecko.com/how-to-defi/

"How To DeFi
Decentralized Finance (DeFi) is fast disrupting the traditional financial sector. How To DeFi is a must-read book for anyone looking to understand DeFi. It is packed with simple explanations and step-by-step guides to help you understand and get started in this fast-developing ecosystem."

https://i.ibb.co/SKw0N4x/image.jpg (https://imgbb.com/)

Translation is available for the Russian-speaking community:
https://assets.coingecko.com/books/how-to-defi/How_to_DeFi_Russian.pdf

I have a lot of thoughts about defi, I'll postorayus write the main thing.
Defi is growing very quickly, FOMO works, crypto exchanges list defi projects without analysis, users try to buy everything new related to defi, farming is gaining momentum ..
But what happens when this shit is over?
Many projects will lose popularity, but good projects will remain: Chainlink, Aave, Maker, 0x, and so on.
And all projects that are connected with working solutions will grow in price. These are security, anonymity, user-friendly interfaces, and so on.
If you set your investment priorities correctly, you can hit a big jackpot.
What do you think about this?

New interesting project from the series: Layer-2 DeFi protocol

Injective Protocol, a fully decentralized Layer-2 DeFi protocol
A robust, highly parameterizable DeFi protocol supporting a diverse array of derivatives including CFDs, perpetual swaps and more.
https://injectiveprotocol.com/ecosystem/

"Pioneering a new decentralized economy.

The biggest fundamental difference between Injective Protocol and other exchanges is that we make exchange a decentralized public utility which gives our users and community the resultant value capture from our exchange protocol.

Our technology brings an order of magnitude speedup by scaling trade execution and settlement on layer- 2 all while being fully decentralized.Injective’s fully decentralized nature uniquely allows individuals to permissionlessly create and trade derivative markets that even centralized exchanges cannot support."

Introducing the Injective Token: Pioneering a New Decentralized Economy
https://medium.com/injective-labs/introducing-the-injective-token-pioneering-a-new-decentralized-economy-ca7db063a90f

Cronje is a magician. 8)

is it he a magician, or there are people that do not think before making investment, i am really not sure
but, on the other hand, Cronje said that YFI do not have any value, and YFI obviously have some value, which is actually not that bad at all

I don't jump into the DeFi train just because some people did. Most of its projects are over rated anyway

When you see post like this, it sometimes challenge me, how some people can see into the future and be right, this post was written when only few people where taken DEFI serious. DEFI has come out shining now and it can only grows it pie as time goes on

every new system appears it will always make a surprise that makes people very interested, eventually it will come back to whoever runs and does that which determines. defi experienced this and the same as when the ICO changed to IEO and finally no longer heard the joy because everything returned to a state of many frauds in every new thing.

https://www.coingecko.com/buzz/q2-2021-quarterly-cryptocurrency-report

"Here are our top-8 Q2 2021 crypto highlights:

Dogecoin flew to the moon as it gained 366% and outperformed the Top-5 cryptocurrencies
Bitcoin ended Q2 2021 at $35,969, a 44% decline from it's All-Time High
BSC and Polygon are leading the DeFi expansion beyond Ethereum
Despite not being in the top-5 cryptocurrency, SHIB outperformed DOGE as it ended the quarter with an 11,566,501% return
Gaming NFTs saw renewed interest, although floor prices have also dropped
Axie Infinity’s trading volume 131X Year-to-Date, signaling the explosive growth in its popularity
Corresponding to volume increase, Axie Infinity saw its revenue grow 118x in the same time frame.
Spot exchange volume had its monthly high in May at $3.5 trillion before it dropped 60% in June 2021. "

MetaMask Surpasses 21 Million MAUs as ConsenSys Raises $200 Million to Make Web3 Universally Easy to Use, Access, and Build On
https://consensys.net/blog/press-release/metamask-surpasses-21-million-maus-as-consensys-raises-200-million-to-make-web3-universally-easy-to-use-access-and-build-on/
"MetaMask is the primary way a global user base of approximately 21 million monthly active users — a 38x increase from 2020 — interacts with a universe of approximately 3,700 unique Web3 applications."

I'm resuming my old topic for a new report on the DeFi ecosystem
CryptoRank: An Overview of the DeFi Sector Landscape
https://www.talkimg.com/images/2023/10/11/RPhJ2.md.jpeg (https://www.talkimg.com/image/RPhJ2)
https://cryptorank.io/ (C)
As you can see, Liquid Staking is now popular and in what projects. Liquid Staking is more convenient and secure than older PoS protocols.

Take a closer look at the projects that are alive now. In the future, everything will be fine for them too.