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0/ We just released a new report which gives an overview of the DeFi landscape. This is an example of a Thematic Insights piece, one of the four different types of products we provide as part of our Delphi Insights Plan. Read the full piece here: delphidigital.io/defi
1/ Decentralized Finance (DeFi) represents a broad category of financial applications being developed on open, decentralized networks. Within our report, we cover companies building DEXs, lending and borrowing protocols, and much more. 
2/ We break out four key features (type, settlement, order books, and pooled liquidity) for DEXs, and use them to categorize five prominent exchanges. We cover @UniswapExchange , @Bancor, @IDEXOnline, @renprotocol , and @KyberNetwork.
3/ We utilize @Bloxy_info to take a look at arbitrage transactions and are able to identify distinct DEX traders who earn positive income in every currency they trade.
4/ When it comes to lending and borrowing within decentralized finance, three projects have started to gain traction within community and seem to have a promising future ahead. We take a look at @MakerDAO, @CompoundFinance, and @DharmaProtocol and take a look at their growth.
5/ We’re able to see the amount of USD available to borrow per asset on Compound since they got started in Q4 of 2018. With over $24M held as collateral, @CompoundFinance just announced the next generation of their protocol yesterday.
6/ Additionally, we take a look at a few projects which are aiming to bring derivatives, margin trading, and prediction markets to the space. This includes @AugurProject @CDx_Project @dydxprotocol @b0xNet and @DaxiaOfficial
7/ Something interesting our team wanted to highlight were a few projects that are already integrating multiple DeFi protocols to offer new and unique products for users. We look at @veil @bamboorelay @marbleprotocol.
8/ It’s obvious that the #DeFi space is quickly growing with new developments happening every day. Just in the past month, @UniswapExchange hit peak volume, LN hit $3M in capacity, and @Dharma added $DAI. Total value locked in DeFi projects is over $340M (h/t @DeFiPulse).
9/ During our conversations with some of the teams working within this space, we were able to also get some commentary around what they saw as the biggest roadblock preventing widespread DeFi adoption. Thank you to @RuneKek @max_bronstein @rleshner @Tim_Ogilvie and @ricburton.
10/ This report serves as a look into the biweekly Thematic Insights pieces we send to both, our Insights and Institutional clients. While our Insights plan is usually $25/month, for the next 48 hours we will be having a limited time sale. Learn more here: delphidigital.io/research
11/ As always, feel free to reach out if you have any questions. And if you haven’t already, follow the analysts who took lead on this piece @Shaughnessy119 @mediodelphi and @anildelphi. We’re always happy to hear any and all feedback.
