Decentralized finance (DeFi) has made significant strides in recent years, with its adoption rate currently standing at approximately 30%. Chainlink co-founder Sergey Nazarov believes that DeFi is poised to achieve mass adoption by 2030, driven largely by the influence of regulation and institutional participation.
Nazarov's prediction suggests a growing confidence in DeFi's potential to become mainstream within the next decade. To achieve this goal, clearer regulations and increased involvement from institutions are seen as crucial factors.