DeFi’s Surge: The Next Era of Crypto Market Dominance

Rachel Lin, co-founder and CEO of SynFutures, argues that the decentralized finance (DeFi) era is upon us, poised to eclipse centralized exchanges. This shift in market power comes from DeFi’s maturity, fueled by a consolidation phase after 2020’s volatile DeFi Summer. Five years later, DeFi’s foundations are different, marked by infrastructure improvements and a focus on real-world applications. 2025 could be the turning point when DeFi surpasses centralized exchanges (CEXs), as evidenced by the growth of DEXs.