We have witnessed a massive popularity regarding DeFi projects, but it's seems that DeFi hype is over. For the past week DeFi tokens plunged massively.
Loses over the last week: Chainlink: 12% Aave: 19.5% Uniswap: 32% Yearn.Finance: 44% Compound: 20% Uma:33%
I never thought that the hype would end up this soon. I mean considering the amount of projects that switched to DeFi, this is unforeseen. Youd think it would stick much longer.