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We have witnessed a massive popularity regarding DeFi projects, but it's seems that DeFi hype is over. For the past week DeFi tokens plunged massively.

Loses over the last week:
Chainlink: 12%
Aave: 19.5%
Uniswap: 32%
Yearn.Finance: 44%
Compound: 20%
Uma:33%

Read more: https://www.worldcoinindex.com/nl/news/defi-tokens-plunge-in-a-wide-sell-off-is-this-the-defi-bubble-burst (https://www.worldcoinindex.com/nl/news/defi-tokens-plunge-in-a-wide-sell-off-is-this-the-defi-bubble-burst)

Well, I think the crash at the moment is a general market thing and not only confined to DeFi projects. However, I have observed that Yearn.Finance has had the worse hit among the DeFis. At a point in Sept it got to over $40,000. Now it's trading below $20,000. But this crash hasn't discouraged investors from rushing to DeFis. More DeFi projects are now coming to the market on daily basis and are getting attention. Honestly, while I still maintain that DeFi is just a trend like we had with ICOs and IEOs, I believe the trend isn't ending now. At least, we will continue to see this trend till the end of 2020.

According to Sentiment Assets screener (https://twitter.com/santimentfeed/status/1314071112939048960), DeFi has bled by 21.1% in the last 24hrs and decreased in volume by 30.2%
Now, this beg the question, does this hype worth it?
I can't really conclude that this is gabbage to everyone, others benefit from the hype as well and some booked their profits before the downtrend.

DeFi is revolutionizing the traditional system of financial freedom, it should be taken as a test and high risk in different form of scenarios either in lending, borrowing, DEX and pools and staking. Yearn finance and compound who began the trend has became a laughing stock.

Nah, it's too early to say if the bubble has been burst. Perhaps it's just profit taking now and then there are whales that manipulates the price to push it lower again so that they can re-invest. That's how it is, and we are not entering a bull run, so remember that. Next year will be big, if the bull run started on the first quarter then expect this Defi hype continue it's ride up until the bubble soon after. So I'm not surprised by the sea of red today, it's just a matter of time before it will bounce back, rinse and repeat.

Not yet, according to the bubble phase, we might be just on the first sell off and then bear trap. So it's still a long way to go before the DeFi Bubble will be burst. There will be second wave perhaps in November-December again and will took on next year, so stay tune for more.  :D

https://i.imgur.com/avDYtNT.png
Source (https://transportgeography.org/?page_id=9035)

I don't know about other projects, but I see that just today UNI gained +28% and ChainLink gained +13%. This is crypto. Here 10-20% price swings are normal. I definitely wouldn't worry about it. However, I would worry about projects like CBDAO (BREE) whose smart contract enabled one of the programmers to mint sBREE tokens, swap them for BREE and then dump them on the market. Projects and teams like that are the real problem of DeFi, not it's hype.

The defi trend is almost end and it seems like that everything is going back to the normal again. It's not only those defi but almost all of the defi projects have already faced very very big downtrend since there are so many defi projects appear in the market. Investors are feeling bad with it and they have already started to stay away from these defi projects.
Defi is just a bubble that already burst.
The next will be NFT.

Maybe, but DeFi is here to stay. The same was with ICO craze in the 2018. It was a bubble that burst but still some great projects are raising money trough ICOs. The same will be with great DeFi projects. They will continue with the development.

But the price has been in a rebound, and now they are in the 24h green. It will surely burst, but no one knows the exact time and how.
If you want to play with fire, you are free to do so, just be careful :)

I'm bad at predicting price, but I'll give one anyway: the price will stay in the downtrend for a long time (the price will gradually decrease bit by bit). A bull run might not happen till the next Bitcoin halving as it needs momentum and new users.

The DeFi bubble has bursted a while ago imo, and all we'll see is occasional pumps&dumps and, generally, a downtrend. The focus has to move to yet another useless hype now that the so-called "revolutionary technology" of DeFi is failing.

Hard to believe that all bubbles are exactly the same. A little positive information could easily turn a bubble into a bull run in a market where the conditions are able to change significantly every few seconds.

would not agree with your opinion, it was not a bubble, it was a hype price rise, but when a bubble is finished all prices are going on the price before the bubble, and that will not happen here, prices will stay on a level that is 5-10x from what on the beginning in March/April, it was just a hype that due to which price rose more than it is realistic at the moment, but not a bubble, since this technology (DeFi) is here to stay, not just for crypto industry, it will be useful for financial industry as well
of course, one should do their own research before investment, but there are good projects, with solid fundamentals, that will stay long time

and there are scams, as well, but industry will survive scams after hype

In my honest opinion, the DeFi bubble has not yet burst. I agree that it is a bubble though. DeFi is directly competing with the services being provided by the old and powerful banks. This first batch of DeFi products might not make it to the finish line. They are taking away the money that these banks could have made.

But I guess the bubble has just contracted a bit. It has gone much thinner. It has not yet really burst though. It is now being challenged and that it is now clearly showing that it's existence is highly dependent on hype. Anytime, the bubble could fully pop.

My opinion is not over yet, where people's interest is still high and investors are still making trade transactions. Exchange providers are also competing to provide a place for Defi-based exchanges.

there will always be a better scam tomorrow  ;D

For now I wouldn't say that defi hype has finished but it may be over soon If the market continues its slow progress as we can see from the last few days mostly defi projects are getting in dip it's because of slow market momentum, according to my estimate whenever the market will be in good conditions then we may see decent performance of some defi projects.

Everything may go down at some point, and for Defi, I think it's the time now. In what cryptomaniac_xxx posted, it helps to see what point we are in the current situation based on the price. It shows the behavior of investors in that current market. I have seen a couple of it as well, and it is entirely factual, in my opinion.

Probably a lot of people have already made money with it, and some are just selling everything and would probably try to move to the next hype.

It's going to cyclical, boom and then burst, and then we have some lull in between and then start all over again. We compare them to ICO, it took years before we have seen it's dead. So similar to DeFi, until there's no hype that will replace DeFi, it will continue to enjoy the support of investors. Yes, there are a lot of scams, but people still blindly invest on them right? that's why scam are rampant. The only way for it to die is that investors totally stop, but I doubt that scenario will happen, not unless a new "it" thing came along and replace DeFi.

DeFi is here to stay awhile, Now NFT is arriving. All the projects which are down mostly random projects like all others. The promising projects will make an impact. Have you come across with Psyche coin?

I quite agree with it but we must also see the fundamental of the defi right now. Someone has already created a thread that has already discussed how much value that has already gone from the defi platforms.
People are also seeing the defi projects very similar like the ico projects. There will always be the time when people will be feeling bored with it.
Investors are making the transaction in the defi platforms but they never think to use the defi coins as their long term investment.
In fact, if people will always jump from one to the another project.

expecting it or not but this burst at some point gonna come for sure. many people are hyped up by the project not because the project itself is promising but because everyone expecting to make some quick buck but just like in the past things that got hyped up like this will eventually reach the point where the hype has faded and the market become normal. it's a good thing though in my opinion.

Wait, not yet because the prices are regaining again to the same region as before but still not to its all time high of this month.There will be another huge dump in the market later this year so people who are holding need to be prepared for it even though they had seen potential on defi projects.

defi trend is still very much high, only the market is in retracing which is a healthy way for it grow even more, there are still new project coming up every day in the defi platform, some are legit while others are not, so in my opinion, i don't the defi bubble has burst just yet, in fact, it seem it will go on for a good period before we can see another new trend.

Well the market really needs another correction to gain power again to go up, let's see in the coming weeks. There are still good defi projects to invest with today like KittieFIGHT.  They offer Yield Farming and betting games.  Not quite any project out there.

Today I saw the news that most DeFi projects lost more than 30% of their price and it`s obvious that they can live and grow endlessly. I always answered to my friends "Be careful, sooner or later it will burst and fall down like always", who are not experienced in cryptocurrency on the answer "Should I join DeFi, because I can earn a lot there", and it was really good advice, because many of my friends have saved their money. And I think don`t lose own money is better than have only chance to earn a little

That's cool. Thank you.
Yeah, it might be just that way. Bear for a cheaper price to pull more buyers.
That way, when another hype comes back then it will be more profitable for  whoever is always ready to sell.

I also don't think it ain't over just yet.
It's too early to say that.

As i watched a month ago since price swings happened with DeFi daily not during whole month.  12% is really nothing.  I personally dont see any value in any DeFi coin, but this price change swings are something you should not worry about.

I don't think like that, the marker condition has given a bad thing the crypto currency prices movement. Bitcoin price fell and it was caused all altcoin price were decreasing as well. But now all of the crypto price movement are trying to increase again and I believe it will give an affect as well for all the price of DeFi token.

As we still remember some altcoins who held by ICO/IEO event, are all altcoin who made by those event are decreasing when the hype is over? I don't think no, some altcoin still increase when the event is over event there is some altcoin who touch its all time high depend on the development of the coin itself.

It didn't burst, its about to pump again.
Opportunity lost for those who hasn't bought while the price dip to 33% for UMA seem too much that someone seeking to profit. Aave is just one of hte best Defi project. 19% dip is also a good opportunity.

The bubble popped and it's about to go from bad to worse

Just today, a DeFi project pulled an exit scam https://coinfomania.com/defi-cbdao-bree-pulls-rug-1m-in-eth/

Not gonna lie, I thought the hype was going to last until way after the massive crypto bull run started, but looks like the BTC jump to 11,000 was enough for scammers to finally call it quits

Nothing like this.
Hype was supposed to end someday, but projects such as DOT can be bought.
I don't even want to write about Yearn projects, they should have been sold for a long time.
If the whales decide to raise the price of bitcoin, then this is also good, but then they will transfer their funds to altcoins.

I think the DeFi bubble is over but there are still going to be a few projects that will go up in value here and there but it is not going to be generalized, and like always I put the blame on scammers, they are always looking for the next big thing to take advantage of investors and each time they are becoming more effective at this, the previous ico bubble lasted a long time but the DeFi bubble was much shorter and that is because they have become incredibly efficient at getting the money of people and as long as this is the case the growth in the market will be limited as new investors that come to this market lose faith in it in just a few months after coming in.

It was all expected because the price went up too quickly so yes short term bubble has burst and it is good for the market as scam and poor quality projects will exit and quality projects will thrive and their price will also recover so i do not think if someone is holding quality defi tokens he does not need to panic just hold and wait.

DeFi's big challenge is regulation. I believe if Biden wins, we will have a fall never seen before. Unlike Bitcoin which has been gaining support, new projects are still viewed with great suspicion. Mainly by regulators. Bitcoin is heading towards being a commodity. DeFi challenges many people, including those who run the money.

https://cointelegraph.com/news/bloomberg-biden-election-would-be-good-for-bitcoin-bad-for-defi
Bloomberg: Biden election would be good for Bitcoin, bad for DeFi

I think this must be indirectly related to the Bitmex case:

Why the BitMEX charges could be bad news for DeFi
 (https://cointelegraph.com/news/why-the-bitmex-charges-could-be-bad-news-for-defi)

DEFI in the near future will have to face the wrath of regulators and investors who already dreamed that DEFi were the infinite gold mine and revolution in the world of finance must be returning to planet Earth and are realizing that things are not as simple as seemed. I even wondered about this subject


really? I have the impression that things will be different going forward

Most things that rise rapidly will also fall sooner or later. The Defi hype was crazy in the last few months. Projects were pumped in a way that was not sustainable for long time.
What we now see is a correction to normal levels. From all those projects that were launched during the defi hype only a few will be successfull and still be around in a year or so.
So i wouldn't call it a bubble that bursted but a bubble that shrinked back to a normal level.  :)

Is still this surprising for most people specially to those who had been here on this market for a while now? Its definite "NO" and ive been keeping

saying on people that they shouldnt really tagged up too much with the hype or else you would really end up on losing money due to negatives
specially when you bought into the peak.

Im not saying that it had already burst out but with those negative percentage then its most likely to be on that way.Im expecting for more decline further
but who knows if one of those will able to recover.Right?

Do not feel bad guys especially those in with the top defi tokens they will recover soon.
Also with massive defi infrastructure under development and some top professionals working to enhance defi ecosystem i am confident that all the good defi projects will do well over long term.

It isn't going to last. We caught and witnessed their hype and somehow there's still remaining on it. If people are expecting it to keep doing the same, you're already getting hooked in it. Projects like Defi are catching the interest of many investors.

And also, it catches the attention of those investors that are wise enough to dump whenever it is needed and necessary. While you're not yet there, secure your profits, you will never know if you're the next to experience dumping with the token you hold.

we must be able to adapt, with changes in the ecosystem in the crypto world, trends always change, as well as risks and challenges. DeFi does offer pretty good opportunities, but don't get your hopes up for big surprises like what happened before, if we expect too much and rely only on luck without being based on analysis, we might lose. DeFi trains are already running fast, don't force a ride if we don't have enough preparation.
And most defi projects that skyrocketed in a short period of time, we can see that they are also taking a dip. The importance of determining the proper timing of entry and exit is key.

I think DeFi isn't over yet, there are still surprises later this year. Just pay attention to some DeFi projects starting to experience price increases,
I am still optimistic that DeFi projects are still good for investment, based on the research and analysis I have done, DeFi projects are still a trend
until 2021. If anyone disagrees with my opinion, it's up to everyone's opinion. Because everyone must have different thoughts and beliefs regarding
DeFi projects.

I am sure, DeFi is not yet over. As most of these platforms are still in beta, and we don't know if they will ever get out from their beta stage, we are still awaiting how these platforms will cater crypto users. And there are still DeFi projects that are being launched everyday. But we don't know how serious they are in this chosen field. Maybe by next year, we will know which of these DeFis will still be alive and doing what needs to be done as a DeFi platform. Up until now, I haven't seen what exactly is the purpose of DeFi - for example the YFI project, since they are in beta, we don't know what kind of  services they are going to provide with crypto users. And yet, they have been copied many times over, imitated and faked and the whole nine yards.

Agree, the DeFi project will continue to develop and regarding the price which is falling at the moment, I think many factors could be causing it. One of the factors is that investors start selling to take advantage of their investment and besides, I think many investors prefer to take short term decisions.

That's very true, many say defi is a bubble and it is certain that investors will not invest long in defi because they don't know when the bubble will burst.
The defi period is not over yet, that's right because there will be new bubbles that will be created

Why are you confused about the defi bubble? The fact is that today the exchange volume on the decentralized financial exchange has reached 900 million dollars. This amount proves that Defi has not lost its prestige.

I was expecting this to happen since most of them always end up the same ICO was the longest one and the beginning of all of it.
I expect that most crowdfunding projects would crash it is just a matter of time.

I thought that if it's not included with the total amounts that are still getting locked on the defi platforms. IMO if these amounts can't be taken as a reason to determine whether the defi has lost its demand or not. Remember that even there are lots of volume in the market didn't always mean good for the price. I just take YFI as an example and how it was going down so much from 45k to the 12k just in two weeks.
There must be a better reason than it but I do agree if defi is still holding the trend,

The investor will only invest in DeFi for a short time because they think that the DeFi trend will not stay long.
If the investor is smart, they will only buy the DeFi token and sell it when the price increase, and they do not touch the token anymore if the price is not at the bottom because they think that after the price touch the highest price, sooner or later, the price will go down too deep.
Besides that, many DeFi projects become a scam, which makes the investor worry about selecting the project to invest.
It is better to wait for a while until the situations are conducive.

I never thought that the hype would end up this soon. I mean considering the amount of projects that switched to DeFi, this is unforeseen. Youd think it would stick much longer.

For me it lasted longer than I thought it would be. DEFI according to my idea are highly efficient way of doing doing P2P exchanges, P2P loans and other financial activities that would not involve a middleme. When there's no middlemen, the users would be the one that's rewarded most. The platform too makes a profit but the profit made by the platform is a small fraction, which itself can be high if they can move large volume of coins. i.e. for a Defi to sustain, they should have lowest fees and large volume. For that to be true, there would be just a small number of successful Defi and in no way would it be money generating machine for investors.

Very true.

The trend changes from time to time and people, investors should be away of that and take note that they're not going to be there for a long time. Except for bitcoin and other major altcoins which had created a significant following and community that will never get out of it.

In defis, right, they have given opportunities but it doesn't mean that the opportunity that it is offering is for everyone. As you have said, you need to adapt.

not ico because there are coins already that are failing before ico came . ico was like an agency of failed coins and the recent defi was the same with it . yournt alone to expect this but we all expected this to happen .

it was sad that wherever theres a new agency of coins people will still have the same expectation with them which is poor . defi bubble hasnt bursted yet because theres still coins that are contiously being created under them .

The current market is in bearish mode, waiting for bull market confirmation can help the traders to find the right price point for entering the new trades. The market crash was expected, the bubble will burst more after the investors go to liquidate their big alt bags. The Uniswap is the biggest leader in this pump and a 32% loss in a week is the common thing if the token price climbs more than %100 less than a month. I predict the market will turn the red and DeFi altcoins will lose the value heavily.

Every year there is a trend, one year we have ICOs, next is masternodes, than IEO.. the flavour of the year is DeFi.
A shame so many people lost money on projects that had zero innovation, or even a chance for that matter.

I think the current down market is a general thing... and as for uniswap token.. the price will go even further down what it is currently worth

while I was happy I got a bit of uniswap airdrop about 400 uni.. I quickly sold when I realized that... theres simply no incentive for one to hold onto uni token.. considering the large supply

There are a huge number of great defi projects such as
Maker DAO, Uniswap, Aave. I think that it is not correct to say that all Defi projects are a bubble. You just need to carefully study the projects and not give your money to scammers.

Yes, as always some defi are good, some are bad, it is unfair to call all of them bad. But market is oversaturated with them and bad ones are ruining it for legit ones.

Most of these loses  are recovered right now since bitcoin starts another bullish move over 11,000$ ,I sure that what we witnessed weeks ago is just correction although not all DeFi projects are reliable but the littles DeFi's I invested on are all bullish right now, as a investors we shouldn't expect coins to always shot for the sky, there will always be time for retrace

The current decline is global and cannot be faulted for a coin or defi.
because the market is in a declining state, although the defi is admittedly a bubble but the current situation is happening globally not only in crypto market but the whole market.

Uniswap: The price of the token of this project has been changing rapidly over the last month, so it is not entirely correct to estimate recent price changes. Tokens continue to be distributed as a reward to participants for using the Uniswap project
https://app.uniswap.org/#/uni
This will last another 36 days, you have to wait until the distribution stops and we get the real market price

Chainlink:I think that now the price is too high

Yearn.Finance: 💩💩💩  ;D

Uma:I didn't have time to buy at the beginning, but I understood that the price would fall, so you need to watch out when a good reason to buy comes

The DeFi market is bleeding but everyone is not affected by it. Some made a good amount of money in this hype and exit when they have profit. DeFi just slows down and it's not the right time to say its just a bubble. It could be a whale's market manipulation so that they can buy them at a low price. DeFi project has practical use so it's not totally worthless.

Overall, it was not so bad. The hype attracted a lot of new users and some of them are still willing to learn even after the burst but on the other side of the coin, a lot of money was lost.
I only hope that this will stabilize the market and we'll see a normal growth from now on.

Not all of the DeFi projects have a practical value, some are just like those ICO tokens that were not good for anything and still got millions in the ICO round with the help of public hype. I guess it is the cleansing round where the market is under correction and once it is done then only those DeFi projects will remain which are having a genuine use like Link, UNI and BZRX token both are good tokens and have a good future as well and the price is surely gonna rise with the increase in number of users.

you can't even generalize if all of the newbies will be getting the same story as some newbies have complained about so many scam projects that appeared during this hype.
The market will never be stable as when the new trend is going to be an outdated trend and there will be a new trend will appear in the future.

The problem is how can we prevent the scam project? It's not enough with just spread the awareness. Some new users are also going out from the market too and it's not all of them wanna try to learn.

Yearn.Finance even dropped further to 56% for the past 30days...

all market is bleeding now, and last 7 day i see only bitcoin starting to rise. and ofcourse altcoin specially defi is the worse down in this market.
but if they star rising defi is the first to gain more than other coin. because hype defi still exist.

No one can prevent scam projects showing up when there is hype about something. The biggest problem is differentiating a scam project from a legit one. True, some scam projects have whitepapers and websites that looks like a kid made them. But some of scam projects have really got websites and whitepapers so it's hard to tell they are a scam. And some projects probably start with an idea of a legit project but then can't deal with the competition and then owners make an exit scam.

Defi was more than a hype and it rose very fast without having the sold base as per me. Was sure that fall is coming on its way when was only a concern and it happened no sooner. So all those who had bought like at high levels may not see the prices anytime probably now.

Are you kidding ?, it's only the beginning.
If you think so, need to throw out bitcoin into the trash
Falling it's a natural process.

Of course, a bad analysis is certainly done by many people when they see that there are assets that are rapidly rising in the market. traders and investors will definitely follow the market trends that occur at DeFi. but it can't last long. many new projects that also need to be anticipated. scammers definitely take advantage of moments like this.

What do you think? This defi hype will run for a long time?  Though it is tough to speculate the exact future of crypto currency, I think this hype will over within short possible of time.

Defi is the fashion of 2020 as ICO was the fashion of 2017 and in 2019 most of them went down more than 50% of their ATH, we need to see what would be the new fashion, then the DEFI bubble would burst and the money of DEFI market would go there, Till then we can make money from DEFI market and then leave it for good.

It is not unforeseen at all it is actually quite right on the money as well, it is literally what happens right away. You think things like uniswap, chain, avax or whatever the hell new pop one is (is polkadot one?) all got so hyped because they are good? Look at IOTA and how it became so big that on the PEAK ATH periods of crypto in 2017 December when everything was so big that total market cap was 1 trillion dollars, that coin was in top 10 and was tens of billions of dollars. Look at it now, it is nothing.

As you might imagine, as soon as a new hype hits a big all time high level and reaches the peak point, it doesn't slowly go away, it can't go slowly away, there are billions of dollars involved so obviously people just get out as soon as they feel like they might lose, this is why it goes down very quickly when it's done.

In 2020 DeFi became the most popular trend in the cryptocurrency market, although at the beginning of the year only a narrow circle of traders knew about this sector. Some people continue to take DeFi as a bubble (as it was with Bitcoin and Ethereum). The hype will go down, but as DeFi is NOT a bubble, it will not burst.

All the projects you have listed in the opening thread are good ones and even if they are currently facing a downtrend but i am confident that they will be able to recover and do good in the future both as projects and increase in token value.

I agree with you, DeFii is not a bubble !
Scammers shouldn't be the defining argument.
DeFi this is a new stage in the crypto industry.
And it does not seem simple for an ordinary person.
I still cannot understand all the intricacies of DeFi  ;D

The drops in DeFi projects value aren't that bad and since bitcoin finds its way back to 11500 dollars thinks are starting to look alright for projects like Aave, COMP and others, if you are the type that always expect crypto projects to keep surging you should think twice, crypto projects will always go down at one point in time, if you don't want to see your portfolio lose value better take profits and switch to USDT

Even with this crash in price of major Defi projects, new ones are still coming up with little to nothing to offer other than the usual hype and so on. I believe if we take a good look at the price of a good number of DeFi projects we will see that they have dumped massively, however, although bear market affects all coins but at the same time not all coins will rise when the market changes for a good; this will be the case of many Defi projects. So it still brings us to the Important aspect which is making our research properly before investing in any so called DeFi project. Although some Defi are good but a whole lot are not.

I disagree that these drops are a small thing, they are very big because none of them are like bitcoin itself, bitcoin could have a drop because it is the first ranked coin and it will come back, none of these can drop and make it back to where they used to be.

Look at all the other coins that peaked during the 2017 December, bitcoin was at 20k and it is now 11k, which is about 55% of what peak was, look at other altcoins and see which one has dropped more and which one dropped less, almost all altcoins dropped more than bitcoin, because bitcoin can recover better than all others. Now those are good known coins that couldn't recover as much as bitcoin, and you assume stuff that is barely few month old and totally unreliable will make it back up again over to their peak? That will never happen.

In no case. The situation is stabilizing. The wild growth was caused by the hype, now everything will return to normal. Defi will develop, this is a very promising direction.

Everything is a bubble depending on the perspective at which you are looking at it, if XRP can be valued more than $4 billion and people still feel it is undervalued then you need to ask if the likes of Uniswap and other top projects are undervalued. What we are seeing now is price correction before the next leg up and I think this would be driven by Bitcoin rather by any DEFI projects

Basically this always happen often because of digital currency volatiles. The drastic fall in the price of these coins shouldn't be associated with the world of #defi  alone. Even Bitcoin and ethereum was down within the stipulated time from OP, some of my holdings where also down when the crash occur. Sometimes this week the cryptocurrency market experienced something common with prices, Bitcoin went down alongside other cryptocurrencies and hope to see them bullish again soon. This doesn't mean it's for going to be down forever.

I agree that you cannot compare these coins with bitcoin and the fact remains that the hype took the market for a huge rally and the bubble will burst and hence we might be seeing a huge correction in the DeFi market and the recover depends upon the strength of the project. I am yet to dive into the hype completely but trying to understand what is going on.

Previously, you could hear that cryptocurrencies are a big bubble. This is what people who are far from cryptocurrencies said. Of course, you can make a lot of money here in a short period of time. Personally, this is the crypto market that attracts me. If I wanted to earn drop by drop and without risks, then I would turn my gaze to the banking sector. But I am interested in big and quick earnings, so I am in the crypto market and invest in new projects, including some DEFI projects.

Basically, the crypto world is very volatile, depending on the trend, even rumors and issues can cause significant price movements.
DeFi is a popular trend nowadays, like the ICO period in 2017, there are many opportunities that can be used, but we must be careful with preparing a strong strategy and analysis. We have to analyze the timing correctly, enter when there is a good chance and exit immediately if there is a bad signal. remember, don't fomo, most DeFi goes up fast but the descent is fast, don't take a fast train.
Many defi projects have emerged, some are potential, and some are half-baked. Choose the safest, with the risk that you can bear.

Very interesting article, however this tells us a lot about the DeFi market, to begin with most coins are not even decentralized at all so they are basically a scam or they are misrepresenting themselves, the next problem is that governments can attack the developers themselves of those platforms and kill the platform that way, however this can easily be solved, we need another satoshi when it comes to those markets, someone that develops a true DEX and that does it in an anonymous way and makes his code open source.

It may be too early to conclude that the defi bubble has burst, though I anticipate the reduction in the defi trend anytime soon. I have a conviction that what we have presently is a general issue as the market is bleeding generally and both non - defi projects are also affected by the issue.

No. The time is not yet right to conclude that the end of DeFi is here. However, it is reasonable to believe that all is not well with that sector of the industry.

well I totally agree with what you say because currently DeFi has just started and still has a very long way to go, so keep up with the flow and take advantage of its price movements to make a profit, nowadays many investors are starting to enter DeFi based platforms.

Any investment projects can be compared to a bubble. Because always breakthrough projects in new directions grow very quickly in price. The only difference with bubbles is whether the investment price falls dramatically later or not.

Perhaps they are starting to invest in them again?  :D The bubble has already deflated enough, but many projects have a right to life. They will stay with us for a long time

It looks like there will be less scam defi in the future. The trend is not yet getting changed and people have already started to think the long term development of defi.

So many institutions have already tried to be a venture capital for the defi platforms too.
The hype is over but this time how good the defi will be proven from its development result. it's very interesting to see how the competition will be.

I'm very exciting.

The plunge of these tokens doesn't mean that they hype is over :D.
There will be new projects that will emerge and will be a pump and dump token. Investors will surely fall to these new DeFi tokens and some of them will lose their money.

Bubble burst?? I don't think so. Although there are fewer projects right now that are being created, the bubble is still there. Just wait for it. Scammers are waiting for the perfect opportunity to scam newbie investors.

Nah, i highly doubt what you say, the scam will be same in future as now because the defi trend still exist, people still want to make money both short and long term base, it is just like during ico, despite many legit ico there were also many scam ones and to the point that the scam project supersede the legit ones, thus ieo was introduce but even that was not left untouched by scammers, so in the case of defi, as long as the trend exit, there will always be scammers trying to get smart.

We can't exchange all the crypto currency to USDT. If we do it all the time, then what will be the condition of others crypto currency? Some time we have to take some risk also for our betterment.

Of course, we can wait and see how events develop. We can also see that the number of scams among DEFI projects will only increase. This is primarily due to the fact that there is a lot of interest from investors in the DEFI sector. And where there are investors, there will always be scammers.
Time will tell whether the bubble is DEFI, but now we need to be careful.

I disagree but to each his own I guess, to me it seems as if there are still many people that are expecting for the bubble to continue but if you take a look at what it is happening institutional investors do not care about altcoins at all, they care about bitcoin and nothing else because they know bitcoin is the most important coin in the market by far and altcoins despite the huge profits they can give are not really big enough for them, which means that only retail investors are interested in such coins and they do not have enough money to keep fuelling the DeFi bubble.