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[sujonali1819]

In my opinion, Defi does not look like as before. All are changed according to recent defi markets statistics. All are falling down. But yes it's not the end. Maybe it will affect another some months to the investor. Also, we have to keep in mind that it is actually dependent on us/investor/promoter until we can not change our mind and also stop showing our foolishness, this will last long.

[Abiky]

A few new defi projects are great but most of them are scams, this process has happened in the past and it just repeats itself(ICO), people with exact distinction will become successful investors. It isn't over, projects like ChainLink are rising again, I also thought LINK would leave the top 10 before but its position is strengthening.

That's certainly true, mate. Despite the fact that scam projects are everywhere, there are still a few legitimate projects that aim to make the industry better. With due time, the "De-Fi" industry will become legitimized just like it happened with the ICO boom back in 2017. People will be able to differentiate between legitimate and scam projects easily due to heavy-handed regulations by mainstream governments.

As far as the hype goes, I think it'll last for quite some time. My guess is that it'll be all over once "De-Fi" platforms' interest rates decline. The demise of COVID-19 will also contribute towards reduced interest from "De-Fi" in the mainstream world. Once the hype is over, we can see real growth for the "De-Fi" industry. But developers and people in general need to cooperate with mainstream governments if they want "De-Fi" to stay. Otherwise, governments will be cracking down on "De-Fi" platforms just like they did with ICOs. Truly-decentralized "De-Fi" will still be relevant. But people will use them under the scope of mainstream governments. Time will tell us what lies ahead with the future of "De-Fi". Just my thoughts

[tyz]

DeFi hype is over but that's for the main time because some DeFi projects have very good use case, assuming altcoin season begins later this year or very early in 2021 DeFi projects won't be left behind, they will bring good ROI for those who still holds them

It was so clear that it would be over so quickly. DeFi was just a rebranding of blockchain ecosystem that has been around since 2013. If you will, ETH is the biggest DeFi project. A few people made a lot of money with it, but crypto didn't really get any further overall through DeFi.

[waiberz]

Absolutely, this kind of project seems no chance to grow. Scam defi project gets a hundreds worth of eth are vanished and so helpless to victim.

I'm not saying all of defi project are suspicious or scam.

But why their are still defi project sprouted.

[Slingshot]

I always tell people that Defi tokens are not to be held for long. They are not long term investment. Many dumped and coming back is actually a big issue. Even from the graft you posted, some went dipper than that. I just hope people can actually gain back the lost funds. Defi is best for instant trading than long term.

[Golftech]

I always tell people that Defi tokens are not to be held for long. They are not long term investment. Many dumped and coming back is actually a big issue. Even from the graft you posted, some went dipper than that. I just hope people can actually gain back the lost funds. Defi is best for instant trading than long term.

Once you invest to certin projects you need to make sure that you are aware and you are willing to take the risk,
DeFi projects which don't have any real offer and just riding with the trends are soon to be completely dead.

Some may appear to work as there are still invesotrs who are trying to invest and right now most of those are really moving in their fiat value, you need to be more careful if you are still looking to thos kond of projects.

[b1k4ng]

defi project is not over yet but the hype has started to wane and now we know which projects really survive and those that only pump because of the hype/fomo

[InwardContour]

defi project is not over yet but the hype has started to wane and now we know which projects really survive and those that only pump because of the hype/fomo

Truly the hype around DEFI has diminished drastically, compared to when it just started. I remember already existing projects even in sport betting category switching to DEFI, because just the mention of the DEFI tag causes FOMO and price surge. However, this is not obtainable right now, we all are used to the word DEFI and it's no longer a big deal since many projects spring up in that category. This does not mean DEFI projects ain't striving anymore, Since there are some very good DEFI projects presently.

[SlimShadyMmp]

I wish I really did use this list to buy some coins They all moon now and are doing really great So I dont think Defi hype is over yet We really are just getting more stable if I may say obviously those crazy gain will have to dial down a bit but still crypto have a standard strong use case I doubt is going anywhere

[bayu7adi]

defi project is not over yet but the hype has started to wane and now we know which projects really survive and those that only pump because of the hype/fomo

DeFi and hype are actually two different things. The existence of hype always requires a container or host, we can take the example of the past hype, where in 2017 the ICO became the host for the hype that occurred, then it became dim. A few months later, the IEO became a source of hype, then slowly began to dim too. And now that DeFi's existence is being used as a host for the hype, then we will know what will happen after this, namely the hype will dim again and look for new hosts.

The existence of hype cannot be planned, it grows from trust which then goes viral and gets the attention of many people, so many are interested in trying to be part of the hype. Sparking an outburst from what was actually normal activity.

[In the silence]

Indeed ended, better move on and forget the lossess. Lets wait for another hype in the cryptospace and always take responsibilities in your financial decisions to avoid big losses.

[puremage111]

I always tell people that Defi tokens are not to be held for long. They are not long term investment. Many dumped and coming back is actually a big issue. Even from the graft you posted, some went dipper than that. I just hope people can actually gain back the lost funds. Defi is best for instant trading than long term.

I have a different opinion here
I don't think they are for quick investment
DeFi are here to stay, especially when people couldn't trust the central investment firms that hold our custodian anymore

Look at YFI, despite how expensive they are, they are proven to be a working finance model that are in the decentralized manner
Of course not All Defi tokens could profit because most are scam/not genuine
But if you really look out for the potential one, they might be best gain you ever had

[nebuch]

It's not over yet, it looks like Defi is just the beginning,
more and more defi projects are being made, about farming and staking,
of course this is good for cryptocurrencies because Defi makes people's minds much better,
yup passive income can be found at Defi.

Some believe Defi hype is over although it seems to be true but not really. As we can see in the market that there are more projects created in relation to defi. And some wants to make it better to compete and succeed in a matter of time. Maybe the spirit of crypto enthusiastics are not the same on its first stage. However, there are more defi projects even these days.

[Galley]

For sure, interest in DeFi projects will gradually fade to zero. Many people were convinced by their own experience, having lost their money, that once again everything turned out to be a bluff and useless, in the main part, with rare exceptions.

[kapalmabur]

For sure, interest in DeFi projects will gradually fade to zero. Many people were convinced by their own experience, having lost their money, that once again everything turned out to be a bluff and useless, in the main part, with rare exceptions.

zero? I am not sure that the interest in Defi will be zero, if you see the increase that occurs in Defi coins now like YFI,
you will not say that you are going to zero, Defi is still strong in terms of fundamentals, and demand is also increasing,
I feel that Hype Defi is still not over , especially now that altcoins will try to be bullish.

[Shasha80]

I am among those who believe the DeFi project is over, because now most of DeFi is down in price, because the Bitcoin price
movement is too aggressive. Even the dominance of Bitcoin is increasing, proving that many investors have left DeFi and switched
to reinvesting in Bitcoin. I suggest for those who still have DeFi coins to sell them immediately, before the price drops again.
Now it is better to prioritize investing in Bitcoin, which is indeed the price that continues to rise.

[best123]

DeFi projects made some rich and wealthy while it made some poor and retched. The introduction of DeFi killed me and some of my friends. It is not really a good experience. Though some of the DeFi project are still waxing strong but they should count me out. It would ended well because the ideology was not bad but some criminal minded guys with the aided from some exchange wrecking us.

[Sayeds56]

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.

Very well said. You have correctly identified the trend in crypto currencies  of cashing out even before it is fully developed. The idea of yield farming and staking is also not working so well now. I have personnel experience of  investing in farming/staking on one of famous wallet which  ended up in losses. I had to pay more fee when i stake/unstack  than what I had earned from farming and staking.

[Gunday_07]

Many are into DeFi for their yield farming profits, they don't care about the projects use case, and some DeFi projects have no other use cases than farming returns that looks alot like Ponzi scheme, a year later many DeFi projects will bring huge loss to investors who don't see them as opportunity but instead decide to hold the tokens

[Tomiwa_akin]

The defi hype is still much around, but the impact is not general. Some project have recovered from their dump while others are still struggling. That's how it will be, but a good project will recover no matter how long it takes.