DeFi the odds: Total user numbers up 55% in just six weeks

A further 85,000 users joined DeFi during the first 11 days of November, increasing the number of users by 11% in less than two weeks. In total that means DeFi user numbers have grown 55% from the start of October.

Lending protocol Compound and decentralized exchange (DEX) Dydx were among the DeFi’s strongest gainers, increasing their user bases by 250% and 50% over the past 30 days respectively. Dune estimates that nearly 81,000 users interacted with Uniswap over the past week — equal to 9.4% of all unique addresses in engaging with the entire DeFi sector.

Timeline of Compound, Uniswap