25 important stats about the DeFi industry from 2022

On the one hand, DeFi tasks had numerous hacks and one of the disastrous collapses in tech/web historical past with Terra. Mixed with macro circumstances, these components triggered the DeFi market to say no considerably, much more than different blockchain sectors, final yr.

However, you’ll be able to’t have GameFi with out DeFi, and NFT marketplaces are more and more integrating DeFi parts like staking and tokenization.

Within the yr’s second half, NFTs and GameFi overtook DeFi in public and investor curiosity. Nonetheless, DeFi is way from useless. Though the overwhelming majority of DeFi tasks ceased to be lively (as this record will present), a number of protocols and classes carried out properly, indicating that—weathering the storm to date—they’re more likely to survive the bear market and thrive sooner or later.

Within the spirit of DYOR, we’ve collected an important stats about DeFi from 2022, so you’ll be able to look into the trade. By trying again on the yr, you may make smarter investments and analyses sooner or later.

9 Stats in regards to the DeFi Market

The whole TVL in DeFi decreased from $267B in the beginning of January to $53B by the top of the yr.

The crypto DeFi sector had a tough yr, whose downturn kicked off with Fed charge hikes, exacerbated by the collapse of Terra and continued hacks, collapses, and macro circumstances.

Reference: DeFi TVL

The whole variety of DeFi protocols elevated from 1,080 in January to a peak of 1596 in September, then remained practically stagnant.

Notice that not all of those protocols are lively. As seen in Stat 9, lower than 100 are presently lively.

Reference: Month-to-month Complete Variety of DeFi Protocols

The most important collapse in DeFi historical past occurred from Might 4 to Might 14 with the collapse of Terra

The Terra community was a Layer 1 blockchain identified for its excessive yields and algorithmic stablecoin, UST.

Reference: Terra Dashboard

DEXs remained the biggest kind to DeFi protocol with 34% of complete TVL, whereas lending protocols elevated from 18% to twenty%

That is unsurprisingly, provided that DEXs play a essential half in DeFi infrastructure. Sooner or later, lending protocols may have a tougher time contemplating the results of over-leveraging in 2022.

Reference: TVL Distribution on Completely different Class (2021) and TVL Distribution on Completely different Class (Click on to Discover Extra)

The market cap of DeFi tokens reached its peak on April 3 at $243B, 4% under its ATH ($253B) from the earlier yr on Dec. 26

This stat has the market cap of DeFi tokens because the sum of tokens issued by DeFi protocols. It doesn’t embrace L1 and L2 tokens generally used for DeFi, like Ethereum and Solana.

Reference: DeFi Token Market Cap vs BTC Market Cap

As of Dec. 31, the market cap of DeFi tokens was $40.52B

By comparability, the market cap of BTC on this date was $318.41B

Reference: DeFi Token Market Cap vs BTC Market Cap

From the top of November to the start of December, BTC had its largest worth decorrelation from the S&P 500 in latest historical past, reaching -0.83

The inventory market correlation index is measured from a 1 to -1 scale, with 1 indicating the 2 units of costs are all the time shifting in the identical course and -1 that they’re by no means shifting in the identical course.

Reference: 2022: BTC & S&P 500 Worth Correlation Evaluation

The Worry & Greed index reached its yearly low on June 6, at 6 (excessive concern)

By comparability, it reached the 8-10 vary within the instant aftermath of the Terra Luna collapse and remained above 10 after the FTX collapse.

Reference: 2022 Token Worth VS F&G

The variety of lively DeFi tasks declined 33% year-on-year

An lively venture is outlined by Footprint Analytics’ common day by day lively customers up to now 5 days is bigger than 100.