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The Block analysts noted in May that the total volume of decentralized finance-focused venture capital deals was $176.3 million, the lowest level since September 2021. In the total
The Block analysts noted in May that the total volume of decentralized finance-focused venture capital deals was $176.3 million, the lowest level since September 2021.
In the total flow of venture investments in the blockchain industry, the share of the DeFi sector fell to 9% versus 18% in April.
For the first time since July 2020, DeFi financing is not among the two best deal types in the industry, according to analyst John Dantoni.
Israeli startup Certora raised $36 million in May, the largest round in the industry.
In April, 12 startup deals were made, with at least $10 million in funding. DeFi projects bloXroute and 0x Labs raised $70 million each, and smart contract auditor CertiK $60 million.
Recall that in May, the volume of funds blocked in the DeFi ecosystem fell by 43%.
Source: Fork Log
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