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[Symmetrick]

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[cryptoaddictchie]

What will this correction give us? The market will be cleared of all garbage and DeFi will be promoted exactly as a technology, as before, not just a desire to collect money from the crowd or should we wait for a second wave, as it was in 2017

They say what must comes up must go down. Maybe the defi projects needed a break or probably someone getting ready on a new concept that is related to defi. Yield farming rates depend on the APY so when it goes down due to massive farmers rates will go down to. But there is a project called core which designed a very sophisticated farming where liquidity is locked on the smart contract. Ive noticed many adopting its method and quite noticed its not affected with the defi blown out like what is on the list. Did you heard of it?

[cryptoaddictchie]

No, I haven't heard of it yet, can I get more details or a link?

Here you go mate.

https://coinmarketcap.com/currencies/cvault-finance/

Its also a farming. I remember when the conducted a presale all for sale was in a form of liquidity tokens that are used to fa core tokens. Its not typical presale on shitcoins that if you bought you get the tokens. You will buy the liquidity or v2 portion of what you contributed and start farming. Though the v2 can be sell on otc if you want to quit already or any peer to peer group. Compared to traditional setting of farming this is way more a good concept for me.

Anyway just checked the details. I appreciate if you could make a review since youre good on doing things mate. Now the trend changing to this kind now.

[slashz9]

if it is over we can see which projects have increased and will remain viable for the future.
Some projects may have gone up since the price of ICO / Ieo was launched and projects that rely solely on the hype defi will certainly disappear in the near future.

[EMV]

Obviously, the hype is dying down, investors have made their X.  of course there will still be many interesting DEFI projects with which to work.  Now there are many scam projects coming out as before in ICO.

[G.Belaci]

You are probably right. I have been keeping track of some of the Defi projects like Chainlink and the price is indeed falling for 30days.

https://www.worldcoinindex.com/trending/overview

That's why a lot of people claimed the Defi projects to be a hype and the think with hype is that the price go down eventually.

[giammangiato]

Yes probably the interest for DeFi is end, probably we will have a new hype for a new airdrop like UNISWAP. I hope that great projects will come out in these weeks because for me defi is only scam, declared scam

[int03h]

Of course, they made a profit and they got out of them to move on to other DEFI projects. I find that CEFI on CEX is more profitable and is guaranteed to be stable.
Partly due to bitcoin's bullish trend stopping in some news, people are putting their money in reserve.
We should not just look at the ATH and current prices, but rather look at them from time to time. Personally, DEFI is still making a good profit over the past 90 days up to this point.

[michellee]

I don't think the DeFi hype is over because many DeFi projects are still running to get more investors to their project, and they are waiting for the right time to make a noise at the market like before. Maybe we don't see what the project does, but I am sure that the team is still trying to make sure the project can finish as scheduled. Many DeFi projects that have been launched at the market now is down too deep. And many of the tokens can not lift the price to the last high price. Maybe that is because the bitcoin price still does not increase so high, making the DeFi still waiting and trying to invite more investors. We will see what happen to the DeFi project later, and if the DeFi still has the power to increase, it will rise again.

[20kevin20]

I haven't heard much about them lately tbh, but it doesn't look like it's a struggling trend either. DeFi will continue with lots of scams exactly like other trends have continued, although older DeFi projects will probably just fall until the projects die away. It's a shame that we have these hypes around spreading bad names about cryptocurrencies and unfortunately lots of people have lost significant parts of their investments through them, but it is what it is..

[Vishnu.Reang]

This was bound to happen. From what I have noticed, in the cryptocurrency sector the tendency is to cash out from new innovations even before they are being developed properly. DeFi is a great idea and can go wonders if implemented properly. But already too many players have attempted to enter this sector and to make quick cash. They fail to understand that you need to have a working product first, before you can try to encash it. Gone are the days when people would we willing to pay you millions, just for a good idea.

[jademaxsuy]

I do not see the Uniswap project in the list but I know that Uniswap is doing well especially that they got a good market price increase in the market after being successfully implemented their projects and working well. They got already a good swap records in their platform knowing that they had a very secured platform from being a decentralized sort of exchange. I do not know where they get the deposits but they had a good holdings of cryptocurrency probably. Anyway, there is also a centralized exchange like uniswap but also good in scalability. I think that exchange will also do better but it is not consider as Defi project because it was a centralized project.

[Kupid002]

That is the real plan in the first day, that's why they make this new idea and of course when there is a money already in front of  their face they will secure it by selling thier shares to investors that willing to take risk just to follow the hype and hoping to earn profit by investing in defi project..
It's predictable the only thing we are waiting is when it will ended, it's the same hype with ICO ,IEO and now move to defi .

[TheUltraElite]

Price drop is not an indicator of the trend being over or not. Some bad news may have come into view and crashed the market. You need to think from a neutral point of view when talking about these things.

I also dont like the hype that DeFi created and put that one scummy lending pools and stablecoin pools than actualy DeFi projects which did something for a service. However that does not mean that I would agree to your post. Maybe it is declining, but it is too early considering the average duration for which the previous bubbles remained active.

[Sy]

No, I haven't heard of it yet, can I get more details or a link?

Here you go mate.

https://coinmarketcap.com/currencies/cvault-finance/

Its also a farming. I remember when the conducted a presale all for sale was in a form of liquidity tokens that are used to fa core tokens. Its not typical presale on shitcoins that if you bought you get the tokens. You will buy the liquidity or v2 portion of what you contributed and start farming. Though the v2 can be sell on otc if you want to quit already or any peer to peer group. Compared to traditional setting of farming this is way more a good concept for me.

Anyway just checked the details. I appreciate if you could make a review since youre good on doing things mate. Now the trend changing to this kind now.

Whoa! just checked the project's CMC and, I am surprised that even without a good CEX listing that project has a whopping 31M dollar volume. What will happen when some good high volume CEX lists it lol? Looking like an interesting project, but sadly it's too expensive for me lol.

[MonsterV]

It's over because new concepts always born new scammer that will take advantage of hype to steal money, there is many project using DeFi concept Rug pull and steal investor money, then investor getting scared to invest in new project because there is to many scammers, be carefull for those who new to DeFi project, you might getting scammed if you didnt carefully invest.

[el kaka22]

I believe the hype may not be over just yet, it is just collected in few places which makes this difference. Sushi was big as well and the reason why it went down that much is the thing the owner did where he basically forcefully took some money out for "doing all the work" and people obviously got mad at it, they would get mad if satoshi came out and said he is taking the first million bitcoins as well, but what happened already happened.

So, you have taken some coins that lost money recently but if you look at ethereums last years price it has gone up a lot, this is the same coin that peaked at 1500 and after that dropped as low as 80 dollars, others could be new ones but there are super profitable ones that went up which you didn't listed as well, you should take a look at them too.

[as9ardia]

I predict this since the start of DeFi . The hype at the start and then stabilize after the first year has been passed (if the project strong enough).
There will be a lot of DeFi Project but who can survive not more than half. Mostly the surviver is the project with financial support and has a solid community and of course with real use case.

Remembering few years ago a lot of security token project, but now only few security token project have really survived.

Just a personal opinion

[onecall123]

Yep. They were always the shittiest of crap coins, no use case. I think I'd finally forgotten about him, now I have to remember this once more. As you express that some projects have already crashed down below 90%, DeFi hype may proceed little more longer but pretty sure no longer so profitable. However, There are so many who got this in beginning stage and they picked up good value of money because of name value.

[Twinkledoe]

Yep. They were always the shittiest of crap coins, no use case. I think I'd finally forgotten about him, now I have to remember this once more. As you express that some projects have already crashed down below 90%, DeFi hype may proceed little more longer but pretty sure no longer so profitable. However, There are so many who got this in beginning stage and they picked up good value of money because of name value.

I think DeFi hype is still not over. But a lot of them are already starting to dig their grave even the new DeFis that were launched couple of months ago. As you said, I haven't seen the actual use case of most of these platforms with the special mention of this YFI, has anyone been curious how their price is so expensive while their services are still in beta?