The recent crackdown by China and its decision to declare crypto transactions illegal has proved to be a boon for decentralized exchanges and the DeFi space. While a majority of the crypto market has been under selling pressure, these DeFi blue chips have seen a major boost in on-chain activity. Data provider Santiment notes that The post Is The China FUD Going to Be A Boon for DeFi? Data Says So appeared first on Coingape.