Dune research finds 85% of concentrated DeFi liquidity is underutilized, with $150M in annual fees foregone

60-second summary

Dune research commissioned by 1inch finds that 85% of concentrated DeFi liquidity is underutilized, resulting in $150M in annual fees foregone. This significant underutilization suggests that liquidity providers are not maximizing their returns, while users are missing out on potentially better rates.