DeFi Funding Makes a Comeback

After a surprisingly large amount of funding last week, total deals dropped from 32 last week to 28 this week, and total funding decreased from $1,506M to $519M. Most sectors have declined since last week, with CeFi having the sharpest decrease of $956M to $47M. NFTs decreased from $155M to $5M, and Metaverse/Gaming fell from $103M to $12M. Despite these sector declines, DeFi had its highest funded week in months at $212M, an increase of over 5x since last week. There were four DeFi deals this week, with the majority of funding coming from a $200M round for Unizen. This "CeDeFi" exchange ecos...