Market Share of Decentralized Finance (DeFi) Industry
The Decentralized finance market, being a new market, is consolidated with few players. Some of the major players in the market include MakerDAO, Compound, Aave, Uniswap, and Synthetix, among others. In the study period, market players were also involved in mergers and acquisitions, and partnerships focused on expanding their presence in the market. The market presents opportunities for growth during the forecast period, which is expected to drive the market competition further. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.
Decentralized Finance (DeFi) Market Leaders
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MakerDAO
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Compound
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Aave
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Uniswap
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Synthetix
*Disclaimer: Major Players sorted in no particular order
