North America Decentralized Finance Market Size, Share & Industry Trends Analysis Report By Component (Blockchain Technology, Decentralized Applications (dApps), and Smart Contracts), By Application, By Country and Growth Forecast, 2022 – 2028

North America Decentralized Finance Market Size, Share & Industry Trends Analysis Report By Component (Blockchain Technology, Decentralized Applications (dApps), and Smart Contracts), By Application, By Country and Growth Forecast, 2022 – 2028

The North America Decentralized Finance Market would witness market growth of 41.8% CAGR during the forecast period (2022-2028).

DeFi platforms were used to increase efficiency, which helped the sector thrive. Since developers utilize DeFi tokens for in-app purchases, a rise in e-sports and gaming has also been noted as a key driver for DeFi platforms. On the blockchain, trading games and collectibles are also growing in popularity as genres since they allow users to trade tokens and develop their own ecosystem. For example, DeFi platforms like Augur enabled individuals to wager on a variety of things, including sports, economics, and world events.

Over the forecast period, it is expected that the introduction of blockchain-based prediction systems will present growth prospects for the sector.The benefits provided by DeFi technology suppliers are fostering the sector's expansion. The system abolishes the control that banks and other financial institutions have on money, financial products, and financial services. Additionally, it eliminates the service usage fees that banks and other financial organizations apply.

The ability to send money across the globe, deposit money in cryptocurrency wallets, as well as trade tokenized versions of investment opportunities such as stocks and mutual funds are just a few of the DeFi platform features that are expected to increase usage as a result of its accessibility to anyone with an internet connection.

The adoption of decentralized finance is being sparked by the widespread interest in cryptocurrencies in the United States of America. While the US government lags several other nations in its legal acceptance and use of cryptocurrencies with DeFi capabilities, private sector actors in the US are setting the pace for the adoption of decentralized finance. The majority of blockchain-based cryptocurrency acceptance in the US is being pushed by miners, traders, and speculators looking for new revenue streams.

The US market dominated the North America Decentralized Finance Market by Country in 2021; thereby, achieving a market value of $32,310.8 million by 2028. The Canada market is experiencing a CAGR of 45% during (2022 - 2028). Additionally, The Mexico market is exhibiting a CAGR of 43.8% during (2022 - 2028).

Based on Component, the market is segmented into Blockchain Technology, Decentralized Applications (dApps), and Smart Contracts. Based on Application, the market is segmented into Data & Analytics, Decentralized Exchanges, Payments, Stablecoins, Marketplaces & Liquidity, Compliance & Identity, Prediction Industry, Assets Tokenization, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aave, Balancer Labs, Compound Labs, Inc., Badger DAO, Bancor, SushiSwap (Yearn Finance), MakerDao, Synthetix and Curve Finance

Scope of the Study

Market Segments covered in the Report:

By Component

  • Blockchain Technology
  • Decentralized Applications (dApps)
  • Smart Contracts
By Application
  • Data & Analytics
  • Decentralized Exchanges
  • Payments
  • Stablecoins
  • Marketplaces & Liquidity
  • Compliance & Identity
  • Prediction Industry
  • Assets Tokenization
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Aave
  • Balancer Labs
  • Compound Labs, Inc.
  • Badger DAO
  • Bancor
  • SushiSwap (Yearn Finance)
  • MakerDao
  • Synthetix
  • Curve Finance
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Decentralized Finance Market, by Component
1.4.2 North America Decentralized Finance Market, by Application
1.4.3 North America Decentralized Finance Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Decentralized Finance Market by Component
3.1 North America Blockchain Technology Market by Country
3.2 North America Decentralized Applications (dApps) Market by Country
3.3 North America Smart Contracts Market by Country
Chapter 4. North America Decentralized Finance Market by Application
4.1 North America Data & Analytics Market by Country
4.2 North America Decentralized Exchanges Market by Country
4.3 North America Payments Market by Country
4.4 North America Stablecoins Market by Country
4.5 North America Marketplaces & Liquidity Market by Country
4.6 North America Compliance & Identity Market by Country
4.7 North America Prediction Industry Market by Country
4.8 North America Assets Tokenization Market by Country
4.9 North America Others Market by Country
Chapter 5. North America Decentralized Finance Market by Country
5.1 US Decentralized Finance Market
5.1.1 US Decentralized Finance Market by Component
5.1.2 US Decentralized Finance Market by Application
5.2 Canada Decentralized Finance Market
5.2.1 Canada Decentralized Finance Market by Component
5.2.2 Canada Decentralized Finance Market by Application
5.3 Mexico Decentralized Finance Market
5.3.1 Mexico Decentralized Finance Market by Component
5.3.2 Mexico Decentralized Finance Market by Application
5.4 Rest of North America Decentralized Finance Market
5.4.1 Rest of North America Decentralized Finance Market by Component
5.4.2 Rest of North America Decentralized Finance Market by Application
Chapter 6. Company Profiles
6.1 Aave
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Partnerships, Collaborations, and Agreements:
6.1.2.2 Product Launches and Product Expansions:
6.2 Balancer Labs
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Product Launches and Product Expansions:
6.3 Compound Labs, Inc.
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Product Launches and Product Expansions:
6.4 Badger DAO
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 Bancor
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Product Launches and Product Expansions:
6.6 SushiSwap(Yearn Finance)
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.7 MakerDAO
6.7.1 Company Overview
6.8 Synthetix
6.8.1 Company Overview
6.9 Curve Finance
6.9.1 Company Overview

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings