Signal DeFi market capitalisation said to peak at 170 million dollars in 2021

Summary

The report assesses the global decentralised finance market as still relatively small. It states that the market capitalisation of decentralised finance peaked at about 170 million US dollars in 2021. As the report describes it, decentralised finance is a digital ecosystem built on distributed ledgers that does away with traditional central intermediaries such as banks, pension funds and stockbrokers. In the same passage, the report puts the cryptoasset market at about 3.1 trillion dollars in May 2025 and says 100 jurisdictions are exploring central bank digital currencies. The report judges that cryptoassets and decentralised finance could threaten financial stability if their risks are poorly understood and regulation is lacking.