Decentralized financing markets are approaching a critical bending point as pro-Crypto policy frameworks unfold under the Trump administration, according to an extensive Bitmex research report that investigates trends in the industry for 2025.
The report tries to argue for how regulatory clarity gradually can reduce the legal headwind for both established players and newcomers.
“The current environment seems more receptive to innovation than in previous years,” notes the BitMex report that was released at the end of January.
The prospects of Bitmex discover how shifting regulatory positions and increasing institutional interest rate can create a “new growth phase” for Defi– A carefully considered to balance innovation with compliance.
Provide credibility
Leading the institutional indictment is the borrowing of protocol AaveWho has locked the largest total value (TVL) under loan platforms, said Bitmex. This is supported by Defillama data, which shows an Aave with just over $ 20 billion in TVL.
The code acceptance of the protocol through initiatives such as World Liberty Financial (WLF), a project worn by Trump, signals the growing confidence in defi-infrastructure of players, both old and new, suggests Bitmex. This recognition of “influential entities” such as WLF shows Aave’s “reliability and adaptability”, Bitmex claimed.
This integration points to a potential convergence of American monetary interests with decentralized systems.
“The new administration has given clear indicators for a positive future for Defi and all kinds of crypto assets,” said Charlie Hu, CEO and co-founder of Bitcoin L2 platform Bitlayer, said Decrypt.
New Token-Governance policy and methods in Defi protocols also take ground, with the opening options “possibility to share income” for more traders and investors, HU noticed.
However, the sector also stands for new challenges.
The upcoming regulations of the IRS and US Treasury, with effect from 2027, will require Defi-platforms to implement KYC procedures and report user transactions that are comparable to what traditional brokers do a movement that are the privacy-oriented nature and decentralized Ethos of Defi could change fundamentally.
Earlier in January the SEC SAB121 withdrew, where companies had to record and show that they have corresponding assets if they keep crypto for users.
Rising patterns
In the field of Handelsfront, BitMex notes how decentralized Exchange Raydium has emerged as a leader, who benefits from the rising popularity of meme coins and AI-Tokens at the home chain.
The strategic benefit of the platform comes from its integration with Pump.Fun, which is promoted if the Solana “Meme Coin Factory” could achieve Raydium an increased market share as more traders switch to trading locations to chains.
However, this is not without comments. Pump.Fun has had a rocky way in recent months; At the end of November, reports about damage and abuse on the platform gave it to close its live stream functions.
“Sectors that were once built exclusively on innovative financial products, such as loans, liquidity and derivatives, are now adapting to satisfy Decrypt.
As a result, Defi projects are “forced to explain this shift” by launching products trying “to balance in the short term with long-term stability,” Zade explains.
Perpetual Dex Hyperliquid represents a new breakthrough, process more trade volume than established centralized fairs such as Kucin, Kraken and HTX, despite the fear of hacks from North Korean threat actors at the end of last year.
Bitmex claims that the success of the platform comes from its high-throughput systems and improvements of user experience, factors that are crucial for attracting and retaining traders in derivatives markets.
New stablecoins
The stabile Sector also shows a special promise, despite the dominance of USDT and USDC. Newcomers such as usual and Ethena are groundbreaking hybrid models that combine price stability with speculative opportunities, BitMex noted.
“It is important to keep our eyes open for elements such as institutional interest in Defi protocols and blockchain infrastructure,” explained Bitlayer’s HU, adding that this moment is suitable, given how industry is “especially a Bitcoin a national Reserve “This can give credibility to defit and reform how it is observed by the location.
Bitmex’s prospects for 2025 suggest that the indicators such as income from the chains, stablecoin use patterns and protocola optional tricks would be or the Defi circumstances would become better over time to maintain their growth or if the sector is mainly becoming Powered by speculative cycles that could or “deliver lasting value or fade.”
