• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Vietnam ranks 2nd in the planet in terms of the DeFi adoption fee

August 25, 2021
in Crypto News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

After beating the cryptocurrency acceptance index, Vietnam continues to rank 2nd in the DeFi adoption index in accordance to the Chainalysis survey.

continue-on-defi-3
Vietnam ranks 2nd in the planet in terms of the DeFi adoption fee

Global DeFi adoption fee

After announcing that Vietnam prospects the ranking of the “Global Cryptocurrency Adoption Index 2021”, Chainalysis continues to launch a report on the “Global DeFi Adoption Index”. Let’s see who is in the lead and the place Vietnam stands.

1629883572 730 Vietnam ranks second in the world in terms of the
Vietnam is the foremost nation in the “Global Cryptocurrency Acceptance Index 2021”.

The Chainalysis “Global DeFi Adoption Index” is primarily based on 3 elements, which include:

one. On-chain assets obtained from DeFi platforms in PPP per capita

The purpose of this metric is to rank each and every nation primarily based on the worth of DeFi assets, but it is a lot more essential to prioritize the nation the place that sum is valued. And the per capita PPP is a measure of the wealth of the citizens of each and every nation.

Metric one = Total wealth obtained by the DeFi protocol from consumers in a nation / PPP primarily based on per capita

two. Percentage of residents employing DeFi

This metric ranks the nations whose residents make the most DeFi transactions.

Metric two = Total Country DeFi Transactions / Total Country Internet Users.

three. Total retail worth obtained by DeFi platforms

The purpose of this metric is to measure the DeFi exercise of personal, retail and amateur consumers.

Index three is primarily based on the sum of smaller-scale cryptocurrencies (underneath $ ten,000) that consumers deposit in the DeFi protocol.

The index also favors nations with the lowest PPP per capita.

The top rated twenty nations with the highest DeFi adoption in 2021

With 154 nations thought of, Chainalysis publishes the twenty nations with the highest DeFi adoption fee for 2021, as proven beneath:

continue-on-defi-1
Vietnam ranks 2nd in the planet in the DeFi adoption index

We see that, the moment once again, Vietnam is the initial whole lot in the planet. Our nation has a DeFi reception index 2nd location in the planet, 2nd only to the USA.

Yet Vietnam even now lags far behind the third-ranked competitor, Thailand, with Vietnam .82 and Thailand .68.

Vietnam prospects the cryptocurrency marketplace

In one more Finder survey, Vietnam was the top rated nation in terms of accessibility to cryptocurrency in a survey of 27 nations. Finder says accessible 41% of Vietnamese respondents confirmed that they have purchased cryptocurrencies.

Vietnam leads the ranking of the Global Cryptocurrency Acceptance
Finder’s Cryptocurrency Investment Percentage Ranking

Furthermore, the Kyros Ventures survey also unveiled a whole lot of exciting information on Vietnamese cryptocurrency consumers. Almost forty% respondents stated they just entered the marketplace in 2021 but anticipated x2 accounts or a lot more.

bao-cao-viet-nam-1
Time of participation in the Vietnamese consumer marketplace. Source: Kyros Ventures

Most consumers view optimistic on the value of Bitcoin, specially in the lengthy phrase. Expectations of a Bitcoin value over $ a hundred,000 largely account for.

Bao-cao-Vietnam-3
Bitcoin value expectations of Vietnamese consumers. Source: Kyros Ventures

Synthetic currency 68

Maybe you are interested:

  • Vietnam Cryptocurrency Market Report H1.2021 (P1): Comments on NFT
  • The most effective Vietnamese crypto tasks really worth following right now
  • The State Bank of Vietnam starts studying and piloting “virtual currency”
five
/
five
(
initial

voted
)

Maybe you are interested:

Vietnam ranks second in the world in terms of the

six Highlights From Vietnam 2020 Cryptocurrency Market Report

Coin68 Blog: Vietnam Blockchain and Cryptocurrency Map

Coinlive Blog: Vietnam Blockchain and Cryptocurrency Map

Related articles

Best 100X Coin: APEMARS Bursts Out With its Community-Driven Meme Coin Presale - Floki and TRUMP Lift Off

Best 100X Coin: APEMARS Bursts Out With its Community-Driven Meme Coin Presale – Floki and TRUMP Lift Off

February 14, 2026
Crypto Experts Spotlight APEMARS Whitelist for the Best Upcoming Crypto Presale 2026, as Ethereum and XRP Gain Momentum

Crypto Experts Spotlight APEMARS Whitelist for the Best Upcoming Crypto Presale 2026, as Ethereum and XRP Gain Momentum

January 3, 2026

Vietnam leads the ranking of the Global Cryptocurrency Acceptance

Vietnam prospects the ranking of the “Global Cryptocurrency Acceptance Index 2021”

Vietnam

The most effective Vietnamese crypto tasks really worth following right now

.connected-submit {} .connected-submit .submit-record {text-align: left } .connected-submit .submit-record .item {margin: 10px padding: 0px } .connected-submit .headline {font-dimension: 18px! essential colour: # 999999! essential } .connected-submit .submit-record .item .submit_thumb {max-height: 220px margin: 10px 0px padding: 0px show block border radius: 15px } .connected-submit .submit-record .item .submit_title {font-dimension: 16px colour: # 3f3f3f margin: 10px 0px padding: 0px show block text decoration: none } .connected-submit .submit-record .item .submit_excerpt {font-dimension: 13px colour: # 3f3f3f margin: 10px 0px padding: 0px show block text decoration: none } @media only display and (min-width: 1024px) {.connected-submit .submit-record .item {width: 45% }} @media only display and (min-width: 768px) and (max-width: 1023px) {.connected-submit .submit-record .item {width: 90% }} @media only display and (min-width: 0px) and (max-width: 767px) {.connected-submit .submit-record .item {width: 90% }}

Post Vietnam ranked 2nd in the planet in terms of DeFi reception index initial appeared on Coinlive.

Tags: adoptionDeFiranksRatetermsVietnamWorld
Share76Tweet47

Related Posts

xrp ripple north star brad garlinghouse vision thumbnail

XRP Is Ripple’s North Star, Says CEO Garlinghouse

by Akita Inu
April 29, 2026
0

Ripple CEO Brad Garlinghouse says XRP remains the company's North Star, reaffirming Ripple's long-term vision and the token's strategic role.

us treasury secretary targeting irans access to cryptocurrency thumbnail

Treasury Secretary: U.S. Targeting Iran’s Crypto Access

by Akita Inu
April 29, 2026
0

The U.S. Treasury secretary says Washington is targeting Iran's access to cryptocurrency, putting sanctions enforcement and crypto oversight back in...

trump meme coin roadblock clarity act thumbnail

Trump’s Meme Coin May Stall the CLARITY Act, Analyst Says

by Akita Inu
April 29, 2026
0

An analyst says Trump's meme coin is complicating the CLARITY Act as Senate delays grow, raising new questions for U.S....

binance announces three xrp and altcoin trading updates including new trading pairs thumbnail

Binance Announces Three XRP and Altcoin Trading Updates, Including New Trading Pairs

by Akita Inu
April 29, 2026
0

Binance announced three XRP and altcoin trading updates, including new trading pairs, giving traders a clear look at the latest...

aave recovery plan rseth collateral after exploit thumbnail

Aave Recovery Plan for rsETH Collateral After Exploit

by Akita Inu
April 28, 2026
0

Aave has outlined a recovery plan to rebuild rsETH collateral after an exploit. Here is the key context, proposed path...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • CLARITY Delay Tests Wall Street’s $6.6T Stablecoin Warning
  • XRP Is Ripple’s North Star, Says CEO Garlinghouse
  • Treasury Secretary: U.S. Targeting Iran’s Crypto Access
  • Trump’s Meme Coin May Stall the CLARITY Act, Analyst Says
  • Binance Announces Three XRP and Altcoin Trading Updates, Including New Trading Pairs
  • Aave Recovery Plan for rsETH Collateral After Exploit
  • Searching for the Best Crypto Presale To Buy Now? APEMARS Leads With 1800% ROI as Mog Coin Slips 2% and Peanut the Squirrel Climbs 2.44% 
  • Cathie Wood Says Stablecoins Beat Bitcoin in Payments While Backing BTC Bull Case
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7