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Lucidity Insights Research Team

Special Report: Innovations in Blockchain

Global

<p>Since 2021, the DeFi landscape has experienced a transformative shift. Liquid staking has emerged as the dominant sector, now accounting for US $45 billion of the approximately US $100 billion DeFi industry as of April 2024. This significant change marks a departure from previous years, when DEXs (Decentralized Exchanges) and lending platforms were the primary drivers of DeFi activity.</p>

Value Locked Per Category Within Global Defi Landscape (in US $ Billion)

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