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Chainalysis: DeFi adoption still rising in North America

According to a report released by Chainalysis, the adoption rate of DeFi in North America is still on the rise. The total on-chain value estimated to be transferred between July 2022 and June 2023 is around $1.2 trillion, slightly higher than 24% of the global digital value. At the same time, the usage of DeFi in North America continues to grow in terms of original transaction volume, especially in protocols with highly concentrated speculative trading.

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