May 2021 was indeed an eventful month for the crypto space that saw both bitcoin and ethereum dip by more than 40%.
Depite this however, the DeFi ecosystem remained strong as dapps continued to work as designed with UniSwap continuing to dominate in enabling on-chain activity on Ethereum.
SEE ALSO: The Blockchain Industry Saw a 639% Growth YoY and 2,627% Growth in NFTs in Q1, 2021 vs Q4, 2020, According to Latest Report
UPCOMING WEBINAR – JUNE 19, 2021
Below are key takeaways on DeFi for May 2021:
RECOMMENDED READING: Emerging Markets Like Africa Made Up Only 10% of the DeFi Traffic in February 2021
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