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DeFi

State of DeFi Q2 2024

This report consolidates and examines the quarterly and month-over-month performances of leading DeFi applications. It comprehensively analyzes market capitalizations, TVLs, DEXs, lending protocols, perpetual DEXs, Liquid Staking Tokens (LSTs), stablecoins, and bridges.

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Toe is a technical research analyst at Messari specializing in DeFi coverage. Before joining Messari, he worked as a data scientist at both Celsius Network and IBM. Toe graduated from the University of Michigan School of Information.

Kinji formerly covered crypto at Morgan Stanley. His primary interests are DeFi, Ponzi's and unstable stablecoins.

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Authors
Toe is a technical research analyst at Messari specializing in DeFi coverage. Before joining Messari, he worked as a data scientist at both Celsius Network and IBM. Toe graduated from the University of Michigan School of Information.
Kinji formerly covered crypto at Morgan Stanley. His primary interests are DeFi, Ponzi's and unstable stablecoins.
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