DeFi continued its march toward maturity in 2025🔥

As institutional adoption of RWAs accelerated, perpDEXs hit record volumes and onchain credit rebounded in H2 with $AAVE $MORPHO $SYRUP leading lending growth.

2025 highlighted a more durable DeFi equilibrium, where maturing primitives and deeper institutional alignment drove scale, while composability risks underscored the need for stronger systemic guardrails.