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DeFi

DeFi Sector Brief - October 11th, 2023

Kunal GoelOct 11, 2023 ⋅ 5 min read

Key Insights

  • Protocols with recent improvements performed better, with Chainlink and Maker leading the pack.
  • Real-world assets (RWA) and liquid staking are the most important trends in this bear market, generating growth even in a poor macro backdrop.
  • DEX volumes grow with no increase in users, signifying greater bot activity with recent volatility in asset prices.

Ecosystem Screener

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Kunal Goel

77 Reportskunalgoel

Kunal previously worked in equity research and now considers himself a financial analyst in crypto. He specializes in valuation and bottom-up analysis for Layer-1 and DeFi protocols because he has yet to learn of a way to value NFTs.

Mentioned Assets
Outline
  • Key Insights
  • Ecosystem Screener
  • DeFi Chartbook
Author
Kunal Goel
Kunal previously worked in equity research and now considers himself a financial analyst in crypto. He specializes in valuation and bottom-up analysis for Layer-1 and DeFi protocols because he has yet to learn of a way to value NFTs.
77 Reportskunalgoel
Mentioned Assets