Is DeFi dead?

[Xinarae*]

You may be understanding in a limited way, I see the increase in defi over time is huge. The cryptocurrency market has seen a lot of new trends emerge and when defi brought a trend it changed the whole way of operating and approaching crypto. And most of what we are experiencing is still on defi, so death here is not happening.

Yes defi has not died yet in the beginning, the market was in a good position but now the demand has decreased so everyone thinks that defi has died. Many projects have been added to the market since the introduction of defi is going downhill with the price of bitcoin and ethereum rising.

[RussianEnglishTranslation]

Is DeFi dead?

• With China effectively banning crypto.
• India planning a ban.
• Europe and US planning to force users into centralized exchanges through KYC.
• South Korea is already forcing KYC and banning certain altcoins.

This will encapsulate roughly 90% of the money in crypto.

Let's look at what DeFi is supposed to offer:

• Decentralized exchanges (DEXs) - Effectively banned.
• Stablecoins - to be replaced by CBDCs
• Lending platforms - Effectively banned or no different than banks.
• "Wrapped" bitcoins (WBTC) - still around, but limited utility.
• Prediction markets - are there any? Will likely be regulated as a security, in near future.

Is DeFi dead? What good is it anymore? What utility will altcoins like ADA even offer?

It certainly seems like it will be in the US and Europe if residents don't make their voices heard to stop imminent crypto legislation.

You can't ban crypto, only fiat on-off ramps. As long as the internet exists, people can trade on DEXs.

[litepool.ru]

seems like Defi season had passed for now  but it doesnt mean this is already dead because i know that there are chances that it will grow back and looking at the defi connected projects they are still doing good even in the dip.
the crypto market will increase now but will decrease later and there is nothing new here , defi now is in dropping season but that does not necessarily mean permanently .

Yes defi has not died yet in the beginning, the market was in a good position but now the demand has decreased so everyone thinks that defi has died. Many projects have been added to the market since the introduction of defi is going downhill with the price of bitcoin and ethereum rising.

Yep, I have seen this market for a long time. Perception may still be limited, but what we see does not lie. 
DEFI, will still be the area that new programmers approach if they want to enter the Blockchain/crypto field.

[BillGoldberg]

Absolutely not, all you hear are FUD.

If I were you, I would focus on researching good projects to invest in. See how Cardano and Solana are pumping right now, a lot of people don't believe in these projects when I first entered crypto in 2018. There are more crypto projects out there worth investing in, make sure to DYOR. Now I'm waiting for Polkadot to move into the spotlight as well, a lot of projects are plugging into Polkadot ecosystem that is worth checking for. Just like Rai Finance, they aim to provide the best liquidity across different blockchains.

[Melignya]

I can add that there is also a large number of fake DeFi, then it is not clear why this platform is needed at all. By the way here is a link to an article about fake DeFi platforms. https://blockster.com/blockdesk/1368_how-to-spot-a-fake-defi-platform

[Rocky993]

As the days go by in the cryptocurrency competition centered on the creation of new projects, the new project will come and the old project will continue to be destroyed.  It has been happening forever and will continue to happen.  People take Bora Bari with interest towards New and reject the old one.  It is a fact that NFT will take the place of any other advanced new generation project in the next NFT era.

[rjsolutions28]

Is DeFi dead?

• With China effectively banning crypto.
• India planning a ban.
• Europe and US planning to force users into centralized exchanges through KYC.
• South Korea is already forcing KYC and banning certain altcoins.

This will encapsulate roughly 90% of the money in crypto.

Let's look at what DeFi is supposed to offer:

• Decentralized exchanges (DEXs) - Effectively banned.
• Stablecoins - to be replaced by CBDCs
• Lending platforms - Effectively banned or no different than banks.
• "Wrapped" bitcoins (WBTC) - still around, but limited utility.
• Prediction markets - are there any? Will likely be regulated as a security, in near future.

Is DeFi dead? What good is it anymore? What utility will altcoins like ADA even offer?

It certainly seems like it will be in the US and Europe if residents don't make their voices heard to stop imminent crypto legislation.

Defi is not dead. Decentralized Finance continues its technological growth and evolution. Most NFT and Gaming Platforms are Defi. It will continue to thrive and dominate crypto world. Projects like Defi Magic https://bsc.defimagic.io/#/ is absolutely green. It has relevant use-cases and staking incentives which we absolutely love. Not all projects will moon but that doesn't mean Defi is dead in general. There are hidden gems like this one and it is only a matter of time before this gets popular.