Regardless of whether the market is a bull market or a bear market, taking defi interest every day is the happiest thing.
In my opinion, it is just that the income has become lower, but even 10%-20% APY is unmatched by other traditional finance. Lending projects are from a floating-rate, to a fixed-rate, to the current credit loan. The utilization rate of funds is getting higher and higher.
Compound(floating-rate), National(fixed-rate), Decredit(credit loan), if you do not buy COMP AAVE in this round of bull market, you can continue to pay attention to National, Decredit, this is the future opportunity.
The condition of the market is important for any type of project.
At the moment, we can't say it's bad yet because the price is still high in my opinion. When the price has dropped 90% from ATH then I am sure DeFi projects will also start having problems. Of course I hope it doesn't happen, but I think we should realize that this is a high risk cryptocurrency market and anything can happen.