Avalanche has not yet completed the ecosystem and the user experience is still limited. It is extremely important to provide updates that improve these issues. Currently, there are limited native projects built on Avalanche, mainly integration projects. With the release of the Blueberry update, Avalanche will have the opportunity to have more quality projects.
But I did see the launch of BenQi - 1 original project in the Lending/Borrowing array that marked the basic completion of the DeFi puzzle pieces on Avalanche. Maybe this is when Avalanche really exploded.