2025 marked a significant year for decentralized finance (DeFi), with the number of users on the Ethereum network tripling. This article examines the primary reasons and indicators of DeFi growth.
Overview of DeFi Growth in 2025
In 2025, the number of DeFi users on Ethereum doubled. Projects like Uniswap, Aave, and Compound significantly increased volume growth. The growth of DeFi is linked to positive dynamics in traditional finance and an overall interest in crypto assets.
Key Indicators of the DeFi Market
According to DeFiLlama, the total value locked (TVL) in DeFi grew from under $5 billion in 2020 to over $150 billion by the end of 2023, reflecting a 780% annual growth. By the end of 2024, the number of active DeFi users exceeded 10 million.
Factors Contributing to DeFi Growth
Key factors contributing to DeFi growth included changes in government policy, the approval of Bitcoin ETFs, and innovations within the DeFi sector itself. The Trump administration's emphasis on cryptocurrency deregulation and the introduction of ETFs opened a new flow of investments into DeFi.
The growth dynamics of DeFi in 2025 demonstrate not only changes within the cryptocurrency industry but also a broader transformation of the financial landscape. DeFi is gradually becoming the new standard of financial order.
