DeFi Participation

Definition ∞ The act of engaging with decentralized financial applications and protocols built on blockchain technology. It involves users interacting with services like lending, borrowing, trading, and yield generation without traditional financial intermediaries. This engagement signifies a shift towards open and permissionless financial systems.
Context ∞ ‘DeFi Participation’ is a critical metric for assessing the growth and adoption of the decentralized finance sector. News reports frequently analyze trends in user numbers, total value locked (TVL), and the diversity of protocols being utilized. Increased participation often correlates with innovation and the expansion of financial services available on-chain.