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Here’s why the crypto downturn isn’t the end for DeFi

Here’s why the crypto downturn isn’t the end for DeFi Samuel Wan · 11 months ago · 3 min read

Alpha › News › DeFi

Here’s why the crypto downturn isn’t the end for DeFi

Despite the brutal drawdown, DeFi protocols continue to run as intended, and it's this that will set it apart from CeFi going forward.

Jul. 8, 2022 at 8:00 am UTC

3 min read

Updated: June 5, 2023 at 5:06 pm

Here’s why the crypto downturn isn’t the end for DeFi

Cover art/illustration via CryptoSlate

After an explosive 2021, the recent downturn has left a bitter taste for crypto investors, not least those who went heavy on DeFi. Since the market peaked in November 2021, investors had pinned their hopes on bulls shaking off the infrequent bearish signs that were presenting. But the Tera scandal brought those expectations to an […]