A new report from the Organization for Economic Co-operation and Development (OECD) explores the impact of DeFi on the ASEAN region. On the one hand, there is currently little evidence that DeFi will have an impact on financial inclusion, and this is because DeFi is dominated by professional and institutional investors. The report also found that retail investors were the first to bear the brunt of the cryptocurrency market crash. While the report is concerned about the unregulated nature of current activity, it believes there is potential if tokenization, DLT and other DeFi features are adopted by regulated institutions.
A key highlight of the report is its analysis of the types of investors active in the DeFi market, which categorizes activity based on transaction size, with retail trades below $10,000. As measured by dollar transaction volume (rather than number of transactions), institutional investors (trade volume above $1 million) and professional investors ($10,000 to $1 million) dominate the world. (Ledger Insights)