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[TribalBob]

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

Airdrop is probably the most likely mass approach of scammers to deceive people. Since most users very often pay attention to this kind of free handouts, the effect of such scams promoted can be strong. I have already seen a couple of such projects with a dubious airdrop.

DeFi itself is not a scam, in this segment interesting services and products have appeared and are emerging. It's just that DeFi used to be associated with the technology when little was known about it, but then the hip spoiled the impression of people about this segment, especially those who first learned about DeFi only in 2020.

many airdrop projects that carry Defi, as a reward lately, actually it's easy to see the project is real or not, airdrop is the initial stage in the phase they introduce their coins, I personally if I follow the airdrop if I pay a fee for a claim on telegram I will pass it and report as spam / fraud
and if I claim in a wallet like the one there is currently, mostly in trust wallet, I immediately sell it if it has exceeded the profit from copying the coin.

[mindrust]

NFT is the new DeFi.

I thought DeFi would last longer tbh. The hype disappeared way too fast. I didn't really understand DeFi and I surely don't understand NFT. I think NFT is even a bigger scam than DeFi was. We will see how long that one will last.

What I wonder though, what will be the next one? You cannot get any crazier than this.

[MoneyJ]

DeFi is just more than a year older and never yet embraces the mass adoption period just as cryptos and blockchain. It may evolve into some useful derivatives but the concept itself is well established. There is still plenty of room to grow and innovate.

[blockman]

Personally, I think defi projects have been overly exaggerated, many defi projects have come out with no contribution to the crypto market.
Defi will certainly become the same past as ICOs and IEOs.

The same thoughts but they really are a thing in the market that can't be ignored. But while defis are covering the market these days with a huge volume coming from them.
There's another craze where everyone is becoming prepared and studying upon learning more from the defis. Both defi and nft are doing it altogether.

There will certainly be a consumer fever preparing to replace defi, the crypto market always needs a new trend to thrive.

Yes, I agree. There will always be a new craze that will be built up year by year. Just like the NFT which has been around I think since 2 years ago and it just got the boom just this year.
And whatever craze that the makers of these styles will do, then definitely it will be the next generation of hype based on the market's need and the community's need for another craze to see.

[7788bitcoin]

It is. DeFi hype was replaced by NFT (non-functional token) hype. You can see that also well, what sums NFT projects and what sums DeFi project collect. Just like the ICO boom and the DeFi boom, the NFT boom will soon be over and then the next one will come.

It is kind of funny if you look at the market as a whole, one or the other hype pops up and many will join that bandwagon for a long time until that fades away. I have no idea about the DeFi market because i never cared about jumping into it but i have seen many making huge profits without doing literally anything and now the NFT hype because we saw some millions of dollars worth of digital art being purchased.

[Wawa2013]

Right now DeFi hype is no longer there this year, because people are more focused on investing in Bitcoin and some of the top altcoins.
But that doesn't mean DeFi is dead, because some DeFi tokens still show quite high demand this year. And there are still a number of
new DeFi projects still popping up, although not as many as in 2020. That's why the DeFi hype has ended, but DeFi is still there.

[oprahwindfury]

the promotion is subsiding, financial backers have made their X. obviously there will in any case be many fascinating DEFI projects with which to work. Presently there are many trick projects coming out as before in ICO.

[Abiky]

NFT is the new DeFi.

I thought DeFi would last longer tbh. The hype disappeared way too fast. I didn't really understand DeFi and I surely don't understand NFT. I think NFT is even a bigger scam than DeFi was. We will see how long that one will last.

What I wonder though, what will be the next one? You cannot get any crazier than this.

Crypto land behaves in many strange and bizarre ways. People pour money into projects like crazy without doing their own research. Now that the "De-Fi" hype is starting to fade away, NFTs are starting to gain traction in the mainstream world. What I find odd about digital collectibles is the disparity in prices on the market. A picture that's simply copied from the web was sold for millions of dollars. That's just crazy. Who knows how governments will react to such wild movements in the crypto/Blockchain space? We might see the day where governments impose fierce regulations in order to stifle the growth of the industry in general. This could harm mainstream adoption for "De-Fi" and NFTs as we speak. While decentralization will prevail in the long run, the level of accessibility into the crypto/Blockchain space will decline because of governments' actions against it.

Nonetheless, no can predict the future. My guess is "De-Fi" and NFTs will see the same fate as ICOs once governments begin to crackdown on the industry. We should enjoy these trends while we still can before we lose the opportunity to make some decent profit. Time will tell us whenever "De-Fi" will stand the test of time or become a failed experiment altogether. Just my opinion

[mindrust]

NFT is the new DeFi.

I thought DeFi would last longer tbh. The hype disappeared way too fast. I didn't really understand DeFi and I surely don't understand NFT. I think NFT is even a bigger scam than DeFi was. We will see how long that one will last.

What I wonder though, what will be the next one? You cannot get any crazier than this.

Crypto land behaves in many strange and bizarre ways. People pour money into projects like crazy without doing their own research. Now that the "De-Fi" hype is starting to fade away, NFTs are starting to gain traction in the mainstream world. What I find odd about digital collectibles is the disparity in prices on the market. A picture that's simply copied from the web was sold for millions of dollars. That's just crazy. Who knows how governments will react to such wild movements in the crypto/Blockchain space? We might see the day where governments impose fierce regulations in order to stifle the growth of the industry in general. This could harm mainstream adoption for "De-Fi" and NFTs as we speak. While decentralization will prevail in the long run, the level of accessibility into the crypto/Blockchain space will decline because of governments' actions against it.

Nonetheless, no can predict the future. My guess is "De-Fi" and NFTs will see the same fate as ICOs once governments begin to crackdown on the industry. We should enjoy these trends while we still can before we lose the opportunity to make some decent profit. Time will tell us whenever "De-Fi" will stand the test of time or become a failed experiment altogether. Just my opinion

Most people stay away from crypto just because of that reason alone.

Bitcoin solves a real world problem. It is that you can send and receive money without needing banks. You don't even have to invest in bitcoin to benefit from that feature. You can get some whenever you want from the exchanges or set up your own wallet and receive them from somebody that's willing to pay for your services.

DeFi is bullcrap because it is impossible to get a Decentralized Finance, and NFT is just straight outta bullshit.

I thought ICO mania was the mother of all scams and now we have this.

I don't understand what moron would pay for a digitally autographed tweet link? Jack Dorsey stills owns that tweet. It is not that he is giving you the right to edit or delete that tweet. He is just selling a digital signature.

[Distinctin]

I don't know, is this the end or not, because many Defi coins currently have not shown a significant increase anymore,
even the NFTs coins are currently experiencing a pump, it is possible that Fomo Defi is slowly disappearing, yes it's just a hunch,
if you want to buy, don't buy token when already expensive, because it is very risky.

It will not disappear if the market remains bullish, as long as there are still pump we are witnessing, that is a sign that it's still around and anytime they will again pump. Not every defi projects will pump of course, just like altcoins, not all but few legit and projects with great supporters.

You know, when the market is bullish, it's just easy for them to pump, we are just guessing which of them will.

[motun01]

We can expect that the said pattern and many would say publicity is currently gone since many got unbiased with the promotion due to the numerous scams and phony projects that occurred. So you must be extremely certain you realize how to do good research so you can possibly pick just the good projects and regardless of whether the said publicity is finished, as long as you probably are aware what to invest and where to invest then you need to stress over your investments being scammed by circumspect individuals.

[Abiky]

Most people stay away from crypto just because of that reason alone.

Bitcoin solves a real world problem. It is that you can send and receive money without needing banks. You don't even have to invest in bitcoin to benefit from that feature. You can get some whenever you want from the exchanges or set up your own wallet and receive them from somebody that's willing to pay for your services.

DeFi is bullcrap because it is impossible to get a Decentralized Finance, and NFT is just straight outta bullshit.

I thought ICO mania was the mother of all scams and now we have this.

I don't understand what moron would pay for a digitally autographed tweet link? Jack Dorsey stills owns that tweet. It is not that he is giving you the right to edit or delete that tweet. He is just selling a digital signature.

Exactly. It doesn't make sense to pay ridiculous amounts of money for a "digital art" that can be obtained for free. In the case of "De-Fi", only the whales will benefit the most as network fees rise like crazy. Who would pay well above $20 just to make a withdrawal from a decentralized lending platform? This of course, applies to the Ethereum blockchain. Other smart contract platforms like Polkadot and Binance Smart Chain don't have these issues because of their high network capacity. The only downside is that such platforms are less decentralized than Ethereum. No matter which "De-Fi" platform it is, we cannot deny the fact that the market has gone way beyond proportions. I've seen many "De-Fi" tokens with high interest rates, only to become worthless in the long run. People invest in such tokens with the hope of becoming rich in the least time possible. They'll eventually regret their decision as the "De-Fi" hype sees its fate similar to the ICO boom of 2017. Regulators will take everything down faster than you could've ever imagined.

Nonetheless, it seems to me that the "De-Fi" hype is slowly fading away. NFTs is what it's all about these days. In crypto land, strange and bizarre things happen. Who knows what will come up next? Just my thoughts

[Forsmagor]

DeFi is definitely NOT over and gearing for the next leg UP!
I highly advise to pay attention on https://dehive.finance/
The first index DeHive issues is based on the best DeFi aggregators, liquidity pools, and financial market strategies applied by our DeFi experts and analysts.
Simply speaking you can own ONE tokens and long the whole DeFi market with it!
Sale starts tomorrow! Just 500k for the sale and 1.8$ per token
https://medium.com/dehive/how-to-participate-in-the-dhv-pre-sale-10abde3ac9db

[Willitivity]

 Defi hyip is over?

I'm not quite sure it's over yet, cause there are still tons of projects coming up everyday, claiming to be decentralized when they are not, but soon the DeFi hype will come to an end, cause I remember back then when the DeFi hype was still there, people were always excited about investing in DeFi projects, but since scammers came in and rug pull started people are no longer excited whenever they hear about DeFi projects, cause they feel they might get scammed, DeFi will be gone soon the new hype is NFTs and buying of tweets on Twitter which is really crazy,its funny how people spend money on stuffs like that.

[nimogsm]

 Defi hyip is over?

I'm not quite sure it's over yet, cause there are still tons of projects coming up everyday, claiming to be decentralized when they are not, but soon the DeFi hype will come to an end, cause I remember back then when the DeFi hype was still there, people were always excited about investing in DeFi projects, but since scammers came in and rug pull started people are no longer excited whenever they hear about DeFi projects, cause they feel they might get scammed, DeFi will be gone soon the new hype is NFTs and buying of tweets on Twitter which is really crazy,its funny how people spend money on stuffs like that.

I will support your words, defi projects will not go away soon,there will still be dozens of them released every month.Until the end of this year, I am sure the trend will continue.

[blackened515]

We can expect that the said pattern and many would say publicity is currently gone since many got unbiased with the promotion due to the numerous scams and phony projects that occurred. So you must be extremely certain you realize how to do good research so you can possibly pick just the good projects and regardless of whether the said publicity is finished, as long as you probably are aware what to invest and where to invest then you need to stress over your investments being scammed by circumspect individuals.

The DeFi hype faded away because of scammers that funds their way into defi season, defi itself is never a scam but the teams behind it fake up everything, collecting funds without listing and and fulfilling their promises, as it is now, the first set of defi is doing well in the market now because the teams were active and created the required yield farming, provided liquidity for hodlers, these were only the characteristics Defi carries while the current Defi projects failed to attain all these. Trading only go liquid on DEX if the team provide good LP (Liquidity providers).

[Tash]

 Defi hyip is over?

I'm not quite sure it's over yet, cause there are still tons of projects coming up everyday, claiming to be decentralized when they are not, but soon the DeFi hype will come to an end, cause I remember back then when the DeFi hype was still there, people were always excited about investing in DeFi projects, but since scammers came in and rug pull started people are no longer excited whenever they hear about DeFi projects, cause they feel they might get scammed, DeFi will be gone soon the new hype is NFTs and buying of tweets on Twitter which is really crazy,its funny how people spend money on stuffs like that.

I will support your words, defi projects will not go away soon,there will still be dozens of them released every month.Until the end of this year, I am sure the trend will continue.

Dozens lol. Billions of tokens but but one thing cheapest wins. Noone is interrested in fees. Takes five minutes or less to make token.
Dozens is like they where talking about 10 years ago.

[Sayeds56]

We can expect that the said pattern and many would say publicity is currently gone since many got unbiased with the promotion due to the numerous scams and phony projects that occurred. So you must be extremely certain you realize how to do good research so you can possibly pick just the good projects and regardless of whether the said publicity is finished, as long as you probably are aware what to invest and where to invest then you need to stress over your investments being scammed by circumspect individuals.

The DeFi hype faded away because of scammers that funds their way into defi season, defi itself is never a scam but the teams behind it fake up everything, collecting funds without listing and and fulfilling their promises, as it is now, the first set of defi is doing well in the market now because the teams were active and created the required yield farming, provided liquidity for hodlers, these were only the characteristics Defi carries while the current Defi projects failed to attain all these. Trading only go liquid on DEX if the team provide good LP (Liquidity providers).

I don't think the Hype of DEFI is faded out or over now but it is shifting from Ethereum to BNB . Polkdot and Heco networks because Ethereum network is almost un useable for an average trader/Investor due to Huge Gas/Transaction fee . There are many successful  projects like CAKE, JULSWAP, 1INCH  and BAKERY SWAP  on Binance smart chain and these projects have paid huge rewards to their investors during the past 2 months. The returns from these projects are from 2X to 10X which is highly impressive.

[mindrust]

I don't know, is this the end or not, because many Defi coins currently have not shown a significant increase anymore,
even the NFTs coins are currently experiencing a pump, it is possible that Fomo Defi is slowly disappearing, yes it's just a hunch,
if you want to buy, don't buy token when already expensive, because it is very risky.

NFT hype will even disappear faster than Defi hype. Even though it is pretty much impossible to achieve, at least defi was offering something usable in real life. NFT on the other hand, is a complete scam. I see the dump has started already but it might be a fake one.

[Rana590]

I dont think that the DeFi hype is already over but I think its still on-going however there is just a new craze that is making so much noise and activities in the market and that is the NFT. But I have a strong feeling that DeFi will continues in this market cycle.

DeFi can continue in the market cycle but the hype of DeFi has already dropped. People love to run through trend. At first we should judge what is it and the purpose of it. How potential it is and so many wh if we want to justify a market cycle.