Note: DeFi Tokens Dominate Despite Market Slowdown

DeFi tokens have seen a slowdown in recent market reforms, but still have annual returns, beincrypto warns. Data from Messari Crypto shows 45 DeFi tokens are up 745% year-to-date and 240% in the past 90 days. In the short term, the token has fallen 8.5% over the past 30 days, indicating a trade reversal. DeFi tokens have a market capitalization of around $ 5.3 billion, which is only 1.5% of all crypto assets. The best DeFi token of 2020 is Aave's LEND, which has increased 2.925% since early 2020. LEND is now moving to AAVE which includes a 100x reduction. The company's second best performance in 2020 was YFI with a 1670% increase. However, YFI's stock price has fallen 30% in the past seven days, falling below $ 20,000. However, not all DeFi tokens have been successful, one of them being SUSHI, which has fallen over 90% on an all-time basis.