There are many people who are starting to speculate or have already declared that Defi is dying or it is only a useless medium for transferring scam tokens.
I am quite aware if the limitations and the bad implementations of Defi which make those projects a target for hackers and being used for rugpulls as published in this website.
https://rekt.news/leaderboard/However, in my opinion these are only part of the difficulties in creating the future of the cryptospace and developing the infrastructure for
cryptonative assets.
Presently, everything in Defi is created around speculation and yield farming. But this will not be forever, I reckon. In the future, Defi will be built around protocols on privacy, stablecoins, NFTs, gaming and many others.
To give an example, a token holder can deposit his tokens in a lending protocol similar to Vesta and borrow some stablecoins, covert them to ETH and buy Axies and join play to earn to generate revenue.