0/ 11 years ago, the vision for Ethereum was published in the Ethereum Whitepaper.

The initial paper included ideas like savings wallets, financial contracts, and financial derivatives.

These concepts anticipated what would become known as DeFi.

1/ DeFi started out as an idea, but today it is real: it has expanded financial access to anyone with an internet connection.

The current Total Value Locked (TVL) in DeFi on Ethereum is ~$81.2B.

The universal platform for crypto, blockchain apps, stablecoins & decentralized tech. An account about the Ethereum ecosystem maintained by @ethereumfndn.

2/ DeFi isn’t just a vision, it’s live, global, and growing.

At their peak, Decentralized Exchanges (DEXs) accounted for nearly 30% of global spot trading volume, closing in on centralized exchanges.

4/ @morpho quietly powers savings products for @coinbase and Lemon.

New products, like Kraken through Aave on Ink, are positioned to expand these offerings. 

A sign of DeFi’s scalability and seamless integration.

3/ DeFi protocols on Ethereum are moving billions:

@uniswap: ~$1B daily swaps
Aave: $50B+ in net deposits
1inch: $700B+ traded
Sky Ecosystem: $320M annual revenue 
@morpho: $7B+ deposited
Spark: $200M revenue
Euler Finance: $2.5B supplied

& many, many more