Markets ready to react to China FUD include Huobi banning Chinese users, Binance blocking fiat trading for Singapore citizens.  Apparently the previous user's basic reaction was Withdrawal and Dex/defi proved more advantageous.  At a glance, Dydx, Sov, and Uni all skyrocketed, showing a clear recovery.  I think the rampage towards Defi will usher in another phase as soon as October.