> For the complete documentation index, see [llms.txt](https://dealin-1.gitbook.io/dealin/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dealin-1.gitbook.io/dealin/increase-in-institutional-user-participation.md).

# Increase in Institutional User Participation

<figure><img src="/files/cXh9DdHO9WKlN8HUtGZh" alt=""><figcaption></figcaption></figure>

Reviewing the early development process of DeFi industry, "retail-led" is the most significant label in the market. In the early days of the "DeFi Summer" outbreak in 2020, the market participants were mainly cryptocurrency enthusiasts and individual investors, who became the first explorers of the DeFi ecology with their curiosity about blockchain technology and the tolerance of high risk. Today, with the continuous maturity of the DeFi market and the gradual clarity of the regulatory environment, institutional users are accelerating their entry, becoming the core force of reshaping the market pattern.
\
On the one hand, as a "bridge", institutions can introduce funds, users and scenarios from traditional financial markets into DeFi. On the other hand, the professional needs of institutions will drive the further upgrading of DeFi technology. For example, in order to meet the demand of "asset traceability", the cross-chain technology will be iterated in the direction of "full link verification"; in order to meet the demand of "privacy compliance", the zero-knowledge proof technology will be deeply integrated with the KYC system of traditional finance to achieve "balance between privacy protection and compliance review". It can be said that the admission of institutional users is not a weakening of the "decentralized" nature of DeFi, but a strengthening of its "financial attribute". It transforms DeFi from a "niche speculation tool" to an "infrastructure serving the whole finance", and promotes the industry to a new stage of more mature, more professional and more social value.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://dealin-1.gitbook.io/dealin/increase-in-institutional-user-participation.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.