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The growth of decentralized finance “has been explosive,” but its impact has been inflated by the appreciation of cryptocurrencies: “This impressive dollar growth mostly reflects a valuation effect, if only for the simple fact that ethereum has grown. of 1,000% in the last year “.
JpMorgan does the accounts in the pocket of DeFi, the label that indicates that set of applications – from lending to trading, from derivatives to managed savings to stock markets …