“In fact, some foundational DeFi projects, like Aave, have even surpassed their 2022 peak in several metrics. Aave’s quarterly revenue has surpassed that of 4Q21 — considered the height of the last bull market,” Cheong said. “This signals that DeFi is maturing and entering a new phase of productivity, poised for long-term scalability.”
This article was originally published by Coindesk.com. Read the original article here.
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