The DeFi sector secured $210 million in funding during the third quarter of 2023, despite the ongoing crypto winter. This makes DeFi the sector with the most projects funded during the quarter, with 68 deals completed. The average deal size was $3 million. Some of the most notable DeFi projects that raised funding in Q3 2023 include Aave, Uniswap, Curve Finance, and Compound. These projects are all well-established and have a proven track record. The majority of DeFi funding in Q3 2023 came from venture capital (VC) firms. This suggests that VCs are still bullish on DeFi, despite the current market conditions.