The Post-Wave DeFi "Breaking Out"

Author: JX kin In late June, DeFi, with a total market cap exceeding $7 billion, broke through the cryptocurrency "decentralized finance" ecosystem and launched on centralized exchanges. The DeFi boom was undoubtedly ignited by the lending protocol Compound's "lending-as-mining" mechanism for its governance token COMP. Following this move, Coinbase, Binance, and OKEx quickly followed suit to list COMP. Subsequently, tokens of multiple applications in the DeFi sector began entering the vision of centralized exchanges.