DeFi token prices are down, but utility is on the rise By Cointelegraph
© Reuters. The decentralized finance (DeFi) sector has been sitting in the backseat since whipping up a frenzy in the summer of 2020 through the first quarter of 2021. Currently, investors are debating whether the crypto sector is in a bull or bear market, meaning, it’s a good time to check in on the state of DeFi and identify which protocols might be setting new trends.
Here’s a look at the top-ranking DeFi protocols and a review of the strategies used by users of these protocols.
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