CoinGecko, the world-leading cryptocurrency data aggregator has announced its foray into decentralized finance (DeFi) with the launch of its DeFi book titled “How To DeFi” and a new section called CoinGecko Earn. Both initiatives represent CoinGecko’s efforts to play a larger role in the growing DeFi ecosystem. “How to DeFi” is the first book ever published covering the DeFi ecosystem while CoinGecko Earn is a newly-launched section providing an overview of the various lending platforms.
“As the cryptocurrency landscape matures, CoinGecko is committed to growing our data aggregation tracker to further reflect the need of this market. From tracking only spot market data, CoinGecko has expanded to track derivatives market data last year and we are now proud to be tracking the fast-growing DeFi ecosystem data. The cryptocurrency industry is expanding quickly and we look forward to building the most accessible, comprehensive database to democratize access to cryptocurrency data for our users,” said TM Lee, CEO of CoinGecko.
CoinGecko’s “How to DeFi” book is targeted at beginners interested to learn more about the fast-growing DeFi ecosystem. This book was written by CoinGecko’s research team of seven people – Darren Lau, Daryl Lau, Teh Sze Jin, Erina Azmi, Kristian Kho, TM Lee, and Bobby Ong.
The team has been very involved in researching the blockchain ecosystem for the past six years, having published multiple cryptocurrency reports and contributed to numerous publications and talks. The “How to DeFi” book contains concise and comprehensive step-by-step guides on getting started with the various DeFi applications. It is priced at $14.99 and is available for purchase on CoinGecko and Amazon. CoinGecko is offering this book for free as a digital download during the first month of publication.
According to DefiPulse, the DeFi ecosystem has grown approximately 15 times in the past two years.