Crypto Adoption Index, by metric Germany 2020-2025| ��ƽ��

Crypto Adoption Index ranking of Germany from 2020 to 2025, by metric

Rank of individual weighted metrics feeding into index	2020	2021	2022	2023	2024	2025
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Release date

September 2025

More information

Region

Germany

Survey time period

July 2020 to June 2025

Special properties

Ranking (1 = highest, 151 = lowest); Weighted by purchasing power parity (PPP) per capita

Supplementary notes

All figures have been collected by ��ƽ��.

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.

Citation formats

Germany nearly entered the top 20 of countries in the world in 2022 when it comes to crypto adoption based on transaction volume. The figure for 2023 stands out in that the importance of Decentralized Finance (DeFi) in Germany declined. For both metrics covering DeFi, Germany ranked well into the top 20 of the world in 2022 - namely, position ** for cryptocurrency value received via DeFi and position ** for retail value received via DeFi. Interestingly, Germany ranked higher for decentralized services than it did for centralized services, where it ranked especially low for centralized P2P trading. In 2024, Germany's overall rank rose to ** and remained at that spot in 2025.