Recap: DeFi Week of Nov. 2 🦄

Hello Defiers! Hope you’re having a great weekend. Summing up: The US presidential election marked this past week. With all eyes on ways to predict the outcome amid a slow vote count, we had an overview of Ethereum prediction markets, which had Biden winning by the widest margin relative to polls and other betting markets. Once election uncertainty cleared, crypto markets rallied, including DeFi tokens which had underperformed in September and October, while DeFi protocols’ fundamentals remained strong, according to IntoTheBlock data.

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