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Stacy in Dataland (´⊙~⊙`) Stacy in Dataland (´⊙~⊙`) @muur_posts · 8.08K subscribers
Post #2854 485
Andre Cronje says "DeFi no longer exists, only on-chain finance remains" – Link

Fantom founder Andre Cronje argued most DeFi protocols have become centralized, company-run entities rather than truly decentralized systems. He cited DefiLlama data showing total DeFi TVL fell from $167B in Oct. 2022 to $75B currently.

Matters because: The commentary adds to scrutiny of decentralization claims and could matter for how DeFi protocols are classified by regulators.
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