If you have had any exposure to blockchain social media communities or ‘crypto-twitter’ over the past few weeks, your feed will no-doubt have been awash with #DeFi (Decentralised Finance) talk. At the time of writing, some $1.7bn in value is locked up in DeFi smart contracts and Dapps (decentralised applications).
As FOMO begins to drive the market for DeFi assets, we ask, is this just another bubble, or the start of a financial revolution?