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Hidden by complexity? Measuring stablecoin, crypto and decentralised finance ecosystems

Timothy Aerts
BIS Papers · Reports
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economicsfinanceworking-paper
Decentralised finance data presents a distinctive paradox: while every data point is publicly recorded and accessible, deriving meaningful insights is obscured by the scale, fragmentation and complexity of the ecosystem. Key metrics illustrate that the rapidly evolving DeFi ecosystem introduces uniq
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