Is the market about to enter a cold winter again?

Recently, the DeFi space has experienced a series of explosions: the longstanding liquidity protocol Balancer was hacked, with losses exceeding $100 million; a major exchange wallet and the USDX stablecoin endorsed by Lista have become depegged; even Elixir, which previously airdropped tokens, has seen its deUSD lose its peg...

When the market is not doing well, at least you can find some yield protocols to earn interest. Now, it's the other way around—financial products are panicking first. People are hesitant to move their U's freely, and everywhere is full of traps.