The volume of venture financing of the Defi sector in May fell to $ 176.3 million

In May, the total volume of decentralized finance of venture transactions was $ 176.3 million. This is the lowest indicator since September 2021, Analysts of The Block noted.

In the aggregate tributary of venture investments in the blockchain-industrial, the share of the Defi sector fell to 9% https://gagarin.news/ versus 18% in April.

According to analyst John Dantoni, for the first time since July 2020, financing of Defi projects has not been one of the two most popular types of transactions in the industry.

In May, the Israeli startup Certora attracted $ 36 million, which became the largest investrand in the sector.

In April, 12 venture transactions took place, in which the amount of funding amounted to at least $ 10 million. BLOXROUTE and 0X Labs Defi projects raised $ 70 million each, and the auditor of Certik smart contracts is $ 60 million.

Recall that in May the volume of funds blocked in the Defi ecosystem collapsed by 43%.