@akashvip
In the last 2 months, more than 50B TVL has been wiped out from DeFi ecosystem.
TVL peaked at 172B and today we’re sitting at 120B.
people think this is the end of DeFi.
It’s not.
this is the clean-up phase triggered by retail greed before major run.
some of the strongest DeFi protocols are now sitting at cycle-low prices while continuing to ship and grow revenue:
AAVE EIGEN PENDLE ENA
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