Because of BTC down. But I don't think so this will be a good choice to invest in. I think they should go down more. As you can see the DeFi is on HYIP so you should take steps carefully. wrong steps can be dangerous. As you know about YAM? price was 180$+ now less than 1$. be careful before invest.
now all Defi projects will be dumped. I believe that any investment in these projects is very dangerous. We see now that the market is showing us that we do not need to trust defi
This downfall is going to leave a bad effect to defi investors cause dafi token are still dropping irregularly than other altcoins. Although some people seeing this as a opportunity to buy DeFi tokens at cheap price. Well cryptocurrency industry is still in a bullish condition. So it can be expected from them to recover their price soon.