#DeFiGetsGraded Based on recent information, is a hashtag that highlights a significant development in the decentralized finance (DeFi) space. It refers to a historic event where S&P Global, a major credit rating agency, assigned its first-ever credit rating to a DeFi protocol.

The key points are:

Historic First: This marks the first time a major traditional finance (TradFi) credit rating agency has evaluated and rated a blockchain-based lending protocol.

The Rating: The first protocol to be rated, named "Sky," received a B- rating.

Significance: This move is seen as a major step toward bridging the gap between traditional finance and DeFi. It provides institutional investors with a familiar tool to evaluate DeFi projects, which could lead to greater trust, liquidity, and regulatory acceptance for the entire sector.

Maturity Signal: The event suggests that the DeFi industry is maturing and gaining the credibility needed to move toward the mainstream.