Chainlink’s Nazarov Predicts DeFi’s Mainstream Breakthrough by 2030
Nazarov thinks that DeFi has only reached about 30% of the way towards widespread acceptance. On-chain services are already being used more in the real world and in institutional tests. He thinks adoption could reach 50% if governments set clear, consistent rules that make DeFi reliable and legal.
The co-founder of Chainlink DeFi as a set of peer-to-peer financial services running on blockchains. replace many traditional middlemen. He thinks the real question isn’t whether DeFi can survive, but how rapidly it will grow as the rules become clearer and the infrastructure improves.
Path To 70% and Full Mainstream Use By 2030
Nazarov says global DeFi adoption might reach 70% if institutional clients have simple, compliant ways to invest in on-chain assets. He thinks full-scale adoption will happen around 2030, but for that to happen, DeFi’s capital base will need to grow large enough to compete directly with bank capital.
He views a future in which financial reports always include pie charts showing how much institutional and customer money is in DeFi compared to .
This would show that DeFi has gone from being used by a few ahead adopters to being used by everyone. He says that the tipping point would make DeFi a standard part of the global financial system instead of just a specialised innovation.
Regulatory Clarity and The Role of The U.S.
Michael Egorov, the inventor of Curve Finance, and Nazarov both that legislation is the main thing keeping DeFi from becoming widely used. They say many institutions remain cautious because they are unsure about their legal status, Know Your Customer requirements, and anti-money laundering procedures.
Nazarov believes the will provide clear direction because many governments base their financial policies on U.S. norms to keep their markets open. He thinks that a favourable U.S. framework might trigger a global domino effect, accelerating the worldwide deployment of DeFi.
Institutional DeFi and The Rise of Tokenised Lending
The report says that more and more large financial companies are exploring blockchain-based answers, indicating that institutions are becoming increasingly interested in DeFi and .
Nazarov points to industry gatherings like Chainlink’s SmartCon, where more and more sessions are now focused on institutional use cases.
According to a , DeFi lending has grown by more than 70% this year, with the total value locked rising from about $53 billion to more than $120 billion.
Aave’s Horizon, aimed at institutions, is now the most popular DeFi lending platform. It lets institutions use tokenised real-world assets, such as U.S. Treasuries and private credit, as collateral for stablecoin loans.
The Next Step For Defi is Tokenised Assets
Data show that a large part of the tokenised assets market is made up of tokenised private credit, with U.S. Treasury-backed excellents coming in a close second.
Maple and Euler, two more institutional DeFi lenders, have also locked up several billion dollars in total value. This shows how rapidly markets are growing.
Nazarov says that as tokenised assets, stablecoins, and compliant DeFi infrastructure get better, they will look more and more like traditional financial markets and compete with them directly. He thinks that if the current growth trends continue and the rules become clearer in time, DeFi might really become popular by the end of this decade.
