#DeFiGetsGraded

It is a term that refers to the process of rating decentralized finance (DeFi) protocols by traditional credit rating agencies, such as S&P Global. This is a historic development in the world of DeFi, indicating that this sector is gaining maturity and credibility, which may open the door to more liquidity, partnerships, and regulatory acceptance.

In one instance, S&P Global granted the first credit rating to a DeFi protocol, marking a milestone and indicating that decentralized finance is starting to gain recognition in the traditional financial system.