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18:45
Jul 08
Matt Hougan CIO, Bitwise Asset Management Milk Road Macro
DeFi massively undervalued vs $400T finance
DeFi applications are rerating because the total addressable market is not just the $2 trillion crypto space but all of finance ($400 trillion). The Bitwise DeFi index is up 51% in three months during a tough macro period. As apps like Uniswap integrate on rails like Robinhood’s L2, value capture is improving and the market is deeply undervalued relative to the opportunity.
BITWISE DEFI INDEX
HIGH

About BITWISE DEFI INDEX Analyst Coverage

Buzzberg tracks BITWISE DEFI INDEX (Bitwise DeFi Index) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked. Past 7 days: 1 bullish. Latest voices: Matt Hougan.