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Alliance report summary: The share of US DeFi developers is shrinking, and Base L2 has become the developers' top choice

2024-11-04 11:00:22

ChainCatcher message, The Fintech Fund partner Nik posted on platform X: "The Alliance team consistently has outstanding DeFi research and data, and I want to highlight their latest trend report. I found the following three insights to be the most interesting:

  1. The share of DeFi developers in the U.S. continues to shrink compared to Asia and Africa. I believe this trend will continue as the opportunities to improve the lack of or non-existent financial rails become more apparent.
  2. Infrastructure, DeFi, payments, and AI x Crypto are becoming increasingly popular. DAOs and NFTs are declining.
  3. Base's L2 is rapidly becoming the developers' preferred choice."
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