DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry

Image Soure: Adobe A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries. According to data gathered by Gauntlet, a crypto-risk modeling company, most categories within DeFi, such as peer-to-peer lending and decentralized exchanges, are witnessing a concentration of capital in just a few major projects. The post DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry appeared first on Cryptonews .