Defi is the new and rising crypto like other altcoins but in the last few months it has been getting a lot of attention because of its affiliation directly with bitcoin and people are making alot of profit with the defi and in future it could give a real hard time to ETH and many other tough crytpo coins at east i think so
thoughts
thoughts
First of all, DeFi is not a cryptocurrency, it is an ecosystem that is running on the Ethereum blockchain. There are projects that are using this ecosystem and people who have invested in those projects are making good money.
Yes, there are projects like YFI which have more USD value than ETH but you should remember these projects cannot survive without ETH unless they create their own blockchain.