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Share link:In this post: DeFi expanded its user base and improved its collaterals, now envisioning a more lenient SEC administration. Top Defi tokens rallied by around 30%, with peak gains for LDO and UNI. DeFi may reawaken with more lenient regulations, displacing the primacy of meme tokens.
The post-election period is driving a reassessment of all crypto sectors. DeFi is one of the areas to see potential change, in expectations of a crypto-friendly US administration.
The potential for a crypto-friendly regulatory climate in the USA is driving a repricing event for top DeFi tokens. The electoral victory of Donald Trump sparked hopes of shifting attitudes to crypto and on-chain finance.
The latest developments are starting to affect different crypto sectors, leading to outsized recoveries. DeFi and DEX tokens were one of the hottest trends in the past few days, with expectations of a bright future under Trump’s administration.
The DeFi sector carries close to $89B in value locked, close to the market cap valuation. However, not all projects have the same ratio of value locked, returns, and market capitalization. There is no standard for DeFi, with experimental approaches and breakthroughs, as well as incentives to invite users. DeFi users also increased in the past couple of months, with more than 21M in September and above 18M in October.
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