Decentralized finance (DeFi) has been a big part of the explosive growth seen across the cryptocurrency ecosystem in 2021, with decentralized exchanges like Uniswap and SushiSwap and lending protocols like Aave and Compound adding a new dimension of token utility.
Data from Messari’s DeFi Assets index shows that over the past 30 days, a majority of the top 10 DeFi tokens gained more than 20%, with the top gainer, Terra (LUNA), seeing its price increase more than 116%.