In no case. The situation is stabilizing. The wild growth was caused by the hype, now everything will return to normal. Defi will develop, this is a very promising direction.
It looks like there will be less scam defi in the future. The trend is not yet getting changed and people have already started to think the long term development of defi.
So many institutions have already tried to be a venture capital for the defi platforms too.
The hype is over but this time how good the defi will be proven from its development result. it's very interesting to see how the competition will be.
I'm very exciting.