- Tiger Research said Defi App has the potential to overcome user-experience limitations in the existing DeFi ecosystem and fill the gap in the execution layer.
- It said Defi App integrates spot and futures trading with asset deposit services into a single interface and uses gas abstraction to improve access to EVM-compatible chains and the Solana ecosystem.
- Tiger Research said that despite Defi App recording $44 billion in cumulative trading volume, 1.06 million total users and Rocket Perps offering up to 1,000x leverage, user retention and on-chain transparency around token buybacks remain key challenges for long-term growth.
Forecast Trend Report by Period
Tiger Research said decentralized finance application Defi App has the potential to overcome user-experience limitations in the existing DeFi ecosystem.
In a recent report released June 4, Tiger Research said the DeFi market has already built core financial infrastructure, including swaps, lending and derivatives, but still lacks an execution layer that ordinary users can access easily. Defi App, it said, was launched to fill that gap.
The report said Robinhood helped popularize stock trading by simplifying a complex process on mobile devices. But regulatory constraints have prevented it from offering services such as self-custody and high-leverage derivatives. DeFi, by contrast, has created new financial services outside the regulatory framework, but has struggled to retain mainstream users.
To address that problem, Defi App integrated spot trading, futures trading and asset deposit services into a single interface, Tiger Research said. It also uses gas abstraction technology, allowing users to access EVM-compatible chains and the Solana ecosystem without holding separate gas tokens.
According to Tiger Research, Defi App has recorded $44 billion in cumulative trading volume and 1.06 million total users since launch. Monthly active users have remained at about 30,000 to 40,000.
The report highlighted Defi App’s derivatives service, Rocket Perps. The service combines leverage of up to 1,000x with a game-like interface. During its soft-launch period, 264 users generated more than $400 million in trading volume.
Tiger Research said user retention will be the key challenge for the platform’s long-term growth. It also said the platform needs to build an on-chain disclosure system to improve transparency around its token buyback policy, citing Hyperliquid’s HYPE as an example.
“Defi App is a team that understands well what attracts users to the crypto market,” Kim Jung-ho, a researcher at Tiger Research, said. “It can become the first standard in a market Robinhood ultimately failed to enter, but only if it gives users a sense of stability and a reason to return every day.”
