Ranking (1 = highest, 151 = lowest); Weighted by purchasing power parity (PPP) per capita
Supplementary notes
The source explains that its index is calculated using five different sub-indices, which are estimated using an individual country's cryptocurrency transaction volume in different situations. These estimates are based off web traffic patterns from individual websites that are used for such transactions and/or protocols.
Several changes were made to the source's methodology over the years. In 2022, the main change involved the inclusion of Decentralized Finance (DeFi) transaction volume. Centralized and Decentralized sub-indices both count equally to the overall index. In 2025, the main change involved the removing of the retail DeFi sub-index and adding an institutional activity sub-index.Â
Citation formats
Countries with the highest DeFi adoption in the world in 2025
The use of decentralized finance, or DeFi, was highest in countries that traded or moved large amounts of cryptocurrencies, including ****. This is a different conclusion when compared to a country ranking on cryptocurrency ownership worldwide: consumers from developing countries were much more likely to own crypto than those from developed countries. The figures shown here might therefore suggest that in countries like the United States, the UK, and India, cryptocurrencies mostly receive attention from traders and institutional investors - and DeFi is meant to either get access to crypto or to move them around.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Chainalysis. (September 2, 2025). Index of the 20 countries with the highest interaction with DeFi platforms worldwide between July 2024 to June 2025 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/1263257/global-defi-adoption-by-country/
Chainalysis. "Index of the 20 countries with the highest interaction with DeFi platforms worldwide between July 2024 to June 2025." Chart. September 2, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/1263257/global-defi-adoption-by-country/
Chainalysis. (2025). Index of the 20 countries with the highest interaction with DeFi platforms worldwide between July 2024 to June 2025. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/1263257/global-defi-adoption-by-country/
Chainalysis. "Index of The 20 Countries with The Highest Interaction with Defi Platforms Worldwide between July 2024 to June 2025." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 2 Sep 2025, /statistics/1263257/global-defi-adoption-by-country/
Chainalysis, Index of the 20 countries with the highest interaction with DeFi platforms worldwide between July 2024 to June 2025 ÌÇÐÄÆƽâ°æ, /statistics/1263257/global-defi-adoption-by-country/ (last visited July 24, 2026)
Index of the 20 countries with the highest interaction with DeFi platforms worldwide between July 2024 to June 2025 [Graph], Chainalysis, September 2, 2025. [Online]. Available: /statistics/1263257/global-defi-adoption-by-country/
