DeFi Growth

Definition ∞ DeFi growth signifies the expansion and increasing adoption of decentralized finance protocols and services. It reflects the growing total value locked (TVL) within DeFi applications, the number of active users, and the development of new financial instruments and functionalities. This expansion indicates a rising influence of decentralized financial systems within the broader digital asset economy.
Context ∞ Reports on DeFi growth are central to understanding the evolution of the cryptocurrency market beyond simple asset speculation. News often highlights the surge in TVL, the introduction of novel lending, borrowing, or trading platforms, and the increasing integration of DeFi with traditional finance. Analyzing DeFi growth metrics provides insight into innovation, user engagement, and the potential disruption of established financial intermediaries.