Press Release: Appold launches a new DeFi Market Indicator
Appold Launches new DeFi Market Indicator
2 August 2021
PRESS RELEASE
Appold Launches new Decentralised Finance (DeFi) Market Indicator – “ADFI”
London, United Kingdom – Appold is pleased to announce the launch today of the Appold Decentralised Finance Indicator (“ADFI”). This launch is in response to an increase in institutional interest seeking to track and monitor the decentralised finance (DeFi) market performance.
The primary objective of the indicator is to serve as a barometer for performance in the DeFi sector and is specifically focused on assets viewed, by Appold research, as more suited for the institutional market. This allows more relevant comparisons to other market sectors and assists in creating further awareness on volatility and year-to-date market returns.
Following last year’s development of an Appold in-house rating system for mainstream digital assets, the ADFI Indicator is sector specific and institutional focused. ADFI tracks key infrastructure protocols across:
Lending
Staking
Payments
Wallets
Interfaces
The indicator assesses a number of factors within each protocol and includes areas such as market liquidity, security and market capitalisation.
These indicators are not investment products or recommendations for portfolio allocation.
Appold Digital Services
Deeper insights, daily pricing and individual digital asset rankings are available to Appold clients and AppoldLink professional subscribers.
Robert Gaskell, Founder and Partner of Appold said, “As the blockchain industry develops, potential market participants are monitoring these niche growth sectors which have generated some very strong performance to date. Monitoring this performance is a significant part of a process for institutions who are considering entering this market. By creating ADFI, we are able to deliver more focused research tools to our clients and provide additional transparency and assistance to their decision‑making processes”.
About Appold
Based in London, Appold is an emerging technology advisory and investment firm focused on fintech, blockchain, AI and cleantech. Appold assists technology providers, investment groups and institutions, with services including growth, M&A and technology implementation.
For further information, please contact: info@appold.com
Indicators can be viewed via the Appold website on the digital assets page: appold.com/digital