Crypto: DeFi Jumps 38% as Wall Street Starts to Take Notice

The SoSoValue crypto index $DEFI.ssi has gained nearly 38% since August 17, rising from 0.3616 to around 0.498 after peaking at 0.511. The rebound of Bitcoin and Ethereum helped, and investors eye Washington as new US rules could allow DeFi protocols to redistribute revenues to their tokens.