The wildest arc in crypto over the last few years is that almost nobody actually uses DeFi anymore, we just trade the tokens of protocols we’ll never touch.


I mean this is even more appartent with the recent DeFi hacks which will all but continue with AI / Quantum advancements. But seriously, I haven’t supplied to a defi protocol in over a year but I’ve traded AAVE / ENA / JUP / RAY actively.
We turned the whole “be your own bank” movement into a casino chip economy and acted like that was always the plan. The user disappeared and the traders stayed.
AAVE-1.66%
ENA-3.61%
JUP-2.98%
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