Q3 2020, the best quarter in the DeFi ecosystem. According to the report, the third quarter of 2020 is the most impressive quarter for DeFi. The Ethereum network dominates the DeFi space, but the market share of TRON and EOS has also increased.
The head of the blockchain company Blockstream believes that the fact that 70% of the total emission of the token is mined by the creators of several well-known cryptocurrencies makes their projects look like financial pyramids
Over the last year, Ethereum dApps have skyrocketed in terms of usage, largely thanks to an increase in interest in DeFi (decentralized finance) applications. Contrastingly, EOS and Tron, other dApps platforms, have had the dApp usage all but collapse. Ethereum’s strong growth shows that DeFi is a killer app - here’s why.