DeFi History 2010–2026
2010: Bitcoin launch, birth of decentralized currency.
2013: First ICO (Mastercoin).
2015: ETH mainnet launch, enabling smart contract-based DeFi.
2016: DAO hack → Ethereum Classic split.
2017: Uniswap conceptualized, ICO boom.
2018: Compound launched, MakerDAO DAI stablecoin.
2019: Uniswap V1, growth of Synthetix.
2020: DeFi Summer, Yield farming, Yearn Finance, Sushiswap.
2021: L2 solutions (Optimism, Arbitrum), Uniswap V3, explosive growth of Polygon.
2022: Ethereum merge (PoS transition), increasing regulatory attention. 2023: Shapella upgrade, LSTfi, account abstraction.
2024: BTC/ETH ETF approval, Dencun upgrade, RWA growth, Uniswap V4, TVL exceeds $100 billion.
2025: DeFAI launches, yield-bearing stablecoins, InfoFi, and an emphasis on privacy.
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