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CryptoRank analysts spoke about the state of affairs in the decentralized finance (DeFi) sector. The experts published statistics on the activity of users of applications (dApps) over the past 30 days, as of November 24, 2022.
The specialists said that recently interest in this industry has grown, despite the problems of the cryptocurrency industry due to the FTX exchange. According to them, the popularity of DeFi is also associated with several factors at once, including the growth of global inflation and the geopolitical situation in the world.
Experts assured: at the moment, 3.36 thousand decentralized applications are available to clients from all over the world, 38% of which are located in the BNB Chain network, 14.2% in Ethereum, and 13.6% are in Polygon. The most popular DeFi project was PancakeSwap, which attracted the attention of 1.85 million unique users per month, which is 20.2% higher than the same values of the previous time period.
Second place went to Uniswap, whose customers were 405 thousand users. The increase was 23% compared to last month. The honorable third line in the current ranking went to the aggregator 1inch Network. This protocol attracted the attention of 271,000 users, which is 33.5% more than similar values 30 days ago.
Also in the top 5 were the Stargate Finance platform and its 187,000 clients. This figure has grown very significantly, adding as much as 119% over the past 30 days. In addition, another startup was noted – TT Mining. Its users are 141 thousand people, which is 56% more than a month ago.
Earlier, the editors of Crypto.ru reported on the most profitable DeFi cryptocurrencies for the week as of November 18, 2022. Then immediately 6 virtual assets increased in price by 15% or more. The leader was Chrono.tech (TIME), whose rate soared by 33%.
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