Mind the Gap: Why ETH Price and DeFi Adoption Aren’t in Sync

Ethdepositsindefilendingandprice2019 2020 coindeskresearch



Demand for DeFi lending services built on ethereum shows a pattern of inverse relationship to the price of ETH. When ether prices are falling, the amount of ETH locked in DeFi tends to rise. Most recent data indicate the relationship operates the other way, too.

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