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Ex-JP Morgan investment banker gives 5 reasons why DeFi is reaching “escape velocity” Ex-JP Morgan investment banker gives 5 reasons why DeFi is reaching “escape velocity”

Ex-JP Morgan investment banker gives 5 reasons why DeFi is reaching “escape velocity”

It goes without saying that the past few weeks haven’t been too hot for Ethereum and the decentralized finance (DeFi) space.

Ex-JP Morgan investment banker gives 5 reasons why DeFi is reaching “escape velocity”

Cover art/illustration via CryptoSlate

It goes without saying that the past few weeks haven’t been too hot for Ethereum and the decentralized finance (DeFi) space.

One crypto analyst shared the table below earlier this month, showing that the average DeFi coin has dropped 61.8 percent since their local highs, set some time over the past 45 days.

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