Topic: End of Defi hype! Time to invest in real business with real products? (Read 828 times)

The hype from defi is beginning to subside. This can be judged by the number of projects that offer coin stacking. Also, commissions in the Ethereum network have seriously decreased. All this suggests that the hype has decreased. I hope this cycle will return in a month.

Now with all the setbacks people know that it is risky enough to lock funds in anon accounts, we have seen many scams in a short period of time where developers run away one day and then return the next and it is funny to see these but then it is hard for the investors and will move the rest of the investors away from the market.

If you are looking to invest in real business with real products you need to look elsewhere away from the cryptocurrency space .

Digital currency does have risks, therefore, I didn't invest all of my money there. just 30% for crypto and I will tell my friends that this is indeed a high risk.

Defi is still in the very beginning stage of development. Token economy is not going anywhere.

What we are expecting about Defi hypes has done to reality, it finally burst and it's over. Those earlier investors might be lucky as they can make money for that time as the price strikes high but I worried those who come late. Defi projects have no way to stand stronger because if we take a look, most of them are unreliable projects, how could this helps the market to grow? This only helps to destroy crypto's reputation.

I'm not suggesting as well to leave crypto and only invest in the real stock. yes, crypto investment still makes sense and profitable, it matters only how we choose a coin/s for investment because this is the reason why noobs come to a sad end.

It is need to be realized, there are still DeFi based project that can provide profits but just like any other projects investors needs to do their research and not just to invest without doing the right research. Scammers are just there waiting for their next victim, if you have proper knowledge it will lessen the chance of being victim.

As long as there's potential to earn there still investors that are willing to take the risk.

But I believe users are now smarter than before. If you will look at the scam accusations board in this forum, you will see that a lot of them are Defis with various issues such as the chronic plagiarism issue, fake team members, obvious ponzi scheme and others. I hope users will not just jump blindly on these projects as most of them have no real use case. Just trying to rekt naive buyers.

because of its hype, so many people take an advantages in a bad way to create the scam DeFi projects. most of the projects will promise us with a real product, but in the end they scamming so many investors. there are some legit DeFi projects that created some real products in the past. but, it's hard to find some legit projects now, even after we did some research and find it carefully.

Defi hype is still not over as we can observe in social media a lot of projects still promoting to attract investors. This is to warn other people not to invest quick and better yet invest with real products that offer profit. A lot of people get scam these days because of not having diligence first before investing.

They have thought that defi craze will last longer than expected.

But we'll never know the true nature of the market until they have experienced it. For traders and investors who have shared the same feeling of the market 2-3 years ago.

The bulls and bears, you'll be careful and will rely a lot on bitcoin as investment if you have consolidated your crypto investments.

Sooner or later Defi hypes are foreseen to end but I dont see that happening this year and even if it those happen to invest in a crypto project with real world product usage is not advisable to me because most crypto investors and enthusiast are somehow not interested in that which the reason a crypto marketplace that needed fund barely get support from the community.

The frenzy on how to make profit by everyone made DeFi became crazy and foolish. The quick rich developers used that as opportunity to cart away with thousands of Usdt by bringing illogical projects to investors. It was during that period we began to see projects with a page website and A4 lite paper, anonymous team and little supply of token. The road maps were the funny part with zero magnitude and direction. As time goes on, we will be able to identify chaffs from the real ones, all DeFi projects are down as the hype is almost over, it's only NFTs tokens are enjoining the table for now.

The APY was one of the major factors that lure most of investors into DeFi. In a situation where you can stake your tokens with a guarantee of 200% APY will not bring fear.

For example : Token A offer an APY of 400%, you bought public sale at $0.1/token A
The token was stake as soon as tradiing start and price pushed to $1, after a year the price came back to $0.2 which has loss - 80% from all time high (ATH ), once you unstake token A, you will be having 400% of token at 2x.
This is why some investors aren't really bother about the price.

DeFi isn't dead, I believe some will survive based on their fundamental growth and team.

This was just a replication of what has happened in the past when ICOs where actually used to extort potential investors. The errand of defi's projects where actually created for the vulnerables in whom never experienced the past during the ICO days. Some of my argument when this projects went sporadic was that, defi projects are purely for extortion from well known scammers around the ecosystem and that's what we have seen.

It was known to all that this won't last longer. But, Defi hype is not fully over and Manay projects will be dead with the end of hype. So i strongly suggest everyone to stay with the projects that has usable products in real world.

a lot of money move from altcoins especially defi project to bitcoin now, thats why bitcoin price fly
but it doesn't mean if the hype on defi project end buddy
i think when a corrections coming to bitcoin price, the hype will come back to defi project mate

Today Bitcoin is trading at 12000+ and majority of DeFi projects only brings 10% recovery, this is sadden and I have no choice but to accept what OP is saying, I think it's over for DeFi and only very few popular DeFi projects are still doing fine, it's better to invest in other strong projects that are old already, like BNB or ETH

This has always been clear from the beginning,,, that Defi has never been made to be long term and sustainable. Every thing about it was about boom and hype, even from the earliest ones. But people know this. And they knew this since ICO days!

Real products? People all know this.

indeed the exchange places that use the most ethereum gas are exchanges such as Uniswap etc. because the transactions there use gas and their respective fees, so in my opinion the Uniswap site has lowered its gas costs which are too high while for FOMO it will still be there just don't know when it happens again.

currently Litecoin is best investment. they work no Privacy update, and Paypal will support it with 3 other cryptos.
we could see Hype of Litecoin by the next weeks.

still not if eth gas is still high because the average defi project uses the ERC 20 network, and you can see it on the ethplorer where the most gas consumption is used every day.
if it has indeed decreased, it means that Fomo is over.
If not that still exist.

I don't think this will be the end of Defi but the defi concept is still in it's early stages and needs to improve a lot. The scam yielding projects need to wiped out too but who knows maybe defi will play a big part in the future.

Defi hype is not yet over. Many investors (specially newbies) are trying their luck to invest in defi projects. Its not going to end soon as long as there are investors that keep supporting it.

On the other side the idea of investing in real business is always good. Because you can see physically the progress of your effort, however its not going to easy. Like other investment business has also risk even there's a working product.

There are quite a few people in these comments who are coming around to the point that DeFi is here to stay. Atleast for as long as the regulators allow DEXes like UNISWAP to operate. Bitcoin is a completely different proposition compared to DeFi. Any serious person who is putting money into such projects is also keeping his bitcoin. Because bitcoin is the foundation that actually gives legitimacy to the whole idea of cryptocurrency.
Without Bitcoin, all of these other projects would simply be private servers run by a bunch of people giving away useless tokens and essentially engaging in unregulated, financial fraud. It is their liquidity with respect to BITCOIN (through USDT, ETH etc) that these projects are surviving. You remove bitcoin from the equation and i guarantee that all the REAL investors putting thousands of dollars into these alternate blockchains will just withdraw.

Also, for all the talk about PolkaDot, Synthesis etc, there is still nothing novel or revolutionary about any of them. The only real success in this whole space till now has been UNISWAP which has been able to garner a huge market share and attention with its Pooling and LP model. The rest are all just people with deep pockets throwing money at these devs hoping that they would eventually come up with the next biggest network effect.

it is not over yet. when time comes, defi will collapse yearn thing prices will collapse and people will panic sell and exit from all defi projects. All money will shifted to bitcoin from defi projects. 

With the last drop in the price of bitcoin, many altcoins lost more than half of their value. But not all tokens of the DeFi sector are new tokens, among them there are projects that were created in 2017, such as LINK. Now, when the hype subsides, only such projects that will have individual characteristics will remain on the market.

You know exactly software products not category as a real products. Software is not real
Op does not talk about gas or real state, but OP says "Real business product with real product" and this is can include in many categories in real life.
If you read it properly you will agree with OP. End of Defi hype

DeFi in the first place is not sustainable in the long run. People liked DeFi because of greed, for the high returns while not taking into account the inflationary characteristic of this scheme. This will be realized in the long run.
But on the other end, it started a bull run that affected the market as a whole, even non-DeFi coins had great gains.

I agree with you!
Nice Signature of AMEPAY! any thoughts on AMEPAY Private sale?

I haven’t been seeing people talk much about them these days the hype is dying slowly, unless another new project that will seem good to people will come out and revive the DeFi market. But right now it seems like it’s dying slowly and before this year runs out we likely wouldn’t see people talking much about DeFi.

Nah the bubble got burst already, that’s why the DeFi tokens have dropped more than 60% (majority of them). It’s not new, I was already expecting that to happen, we have seen other similar things that came out and trended for some months and suddenly they burst and everything is over.

I'm not sure the defi period is over. Even though the DeFi trend is on a drastic decline right now, there will be changes to the DeFi concept, as we know NFT + Defi, or maybe gaming and DeFi.

it could have happened during the moment there were so many scammers right now that the trash DeFi project disappeared. this market will fall when more and more scammers go crazy to fool more people.

Well, we have our own choice to invest in dude. And this is of course would always depend on our belief in the products or cryptocurrency anyway. Even recently Defi became noisy in the market and many communities invested in it at once even it is only hyped then in the end they lose their capital. But in a little while for sure Defi will spike again in the market just like pump and dump.

most of altcoins now in red colour because the pump of bitcoin and thats mean not only defi project mate
i believe when a corrections coming on bitcoin price, defi project will growing again, personally i'm waiting for the second waves from the hype on defi

There will be always new trends after. like the good old days when bitcoin near $20k, there;s a lot of projects coming in with the ICO trends, and iam really sure that the DeFi trends isn't ended yet

Its time for bitcoin to go back on business and yes we finally break the resistance on $12k level which resulted to a big dump on many DeFi projects. I don’t know if the hype is done already or we will see the second trend of the hype maybe after the pump of bitcoin. Even if there’s a hype you must always invest on good projects, don’t fall on the hype trap, DeFi is still good though but not at all.

What's worse is when there will be more DeFi scam projects that can make market interest decline. such a situation can literally trap the market and repeat a recent downtrend. at the moment it still looks good, and we certainly don't think and hope that something bad can happen again in this market.

I am sure that there are still projects among DeFi that will have good prospects in the future, but due to the fact that with the increasing excitement, Decentralized Finance attracted a large number of scammers and when an investor is looking for profitable investments for his capital, then the current situation levels the difference between good and bad in the DeFi market in front of someone who is not very good at analyzing the situation. In addition, as regrettable as it sounds, but where there is no personal identification and everything is assigned to decentralization, scammers always try to get as much profit as possible from inexperienced cryptocurrency users.

Doubt that he's a newbie though because he knows defi and cryptocurrency yet this is his first time posting with this account.

I guess what OP meant is that there's not going to be much projects going to be made compared last couple of months because of how saturated the defi market is. It's kinda true in essence though because there's not much to invest to anyway. All of them (new projects) are the same things and most of them are scams, basically ICO 2.0 right now.

Probably not, the total value locked is still at the all time high. I suppose there will still be newcomers within the next few months or so. Once it hits mainstream media then the end will be near. But until then I guess the bubble will just continue to grow.

Well, so far it's still difficult to say, but I think that defi sphere will still show itself and therefore it is worth paying attention to the top cryptocurrency projects based in defi sphere, because top defi cryptocurrencies can still bring income, and of course, soon defi sphere will be replaced by something else, this is already a common thing, and therefore, while defi cryptocurrencies bring income, we need to make money on this.

Thats your choice to invest in real products or in other crypto projects as well.
 And as expected, crypto project hypes like DEFI will gonna fade like what is happening right now. Those who are benefitted from that hype are lucky but those who are still trying their luck and trying to make a profit while the defi world is slowly going down, it's not yet late.For some reason, it is still best to invest in a product or projects that is real if we are seeking for long term and stable profits.

Same with ICO before, though there are still investors wo are willing to take the risk in hope that they'll still get something from the project, it's no longer that hypes and finding projects to place your investment is really tough. But always remember that whatever your take from this situation make sure sure to deal with good research.

Pump or dump depends from how the team generates supports you need to look for project who gained good support from the community before investing your money.

I see the DeFi project at this time only as a Pump and Dump event, if their token price drops when listing Then the project will be said a failed project, many investors will be disappointed and leave the project. Vice versa, if when listing their coin price is Pump, it will be said a good and successful project.

Maybe it's like an ICO, which we already saw before. But when bitcoin can have the real bull run, the DeFi project slowly will end, and there will be a new trend that will replace the DeFi. It can be like that in the next year because the new trend will replace the old trend. But maybe the DeFi project will still be at the crypto market like the ICO and IEO. We will see something after the bitcoin gets the bull run.

still not, because defi has always existed, even though the hype is said to be over but good defi projects will continue with their development and products.
i don't support any project but it's a fact that every good defi project will stick around.

Defi hype is not over, the trading is just becoming not so crazy. Some defi tikens die, others show great trading activity.

There are still some people who hope for the revival of DeFi, it looks like DeFi still has a small chance to survive in the market. Most of the DeFi coins are trending down. We better shift our focus to real business, and we are still holding DeFi as well. That way, all the possibilities that occur will not make us the most failures.

Or there is another option from me, which is waiting for the new hype after DeFi, maybe this is a bad idea, but hoping for magic is something fun.

Saying that is very easy but how can you do it??
ICO hype lasted for around a year and I think that will also happen to the DeFi hype.

There will be a time that this hype will over as all of the hypes always have an ending. Just wait for it to be over and don't invest into it as of this moment. On the other hand, there are some DeFi projects that are still profitable at this time and they are a real business with real products and ChainLink is one of them .

There will always be a small percentage from the defi projects will become a successful project but this time people have already tried to move on from the defi projects to the project with the focus to develop the product. As you can see that in cmc and you are rarely seeing the pump that happened with the defi coins again.
The price of YFI was also getting plunged so hard

You nailed it, money is flowing back to Bitcoin, baby, the price goes to $12k, altcoin market bleeds, and then this Defi investors complain. LOL, they really don't have any idea what's going right now, and they bitch around because they have seen losses on their portfolio and then it started to collapses. So for those who are smart, then they goes back to Bitcoin right now.

I don't think it's a trap, if this is, this will be short term though, it's hard to short Bitcoin when it is on a bull run already and you might get REKT running this.

I think it's just getting started, as more and more projects are being made, more people are interested in defi, as we speak from more than 2 million USD, now more than 6 billion are lock defi contracts, and it's just getting started as we speak.

You can still invest on DeFi project with a real business and it is still profitable. Its good that we finally goes back to a lot more cheaper fees compare before, the hype might be over but I don't think DeFi project is dead already because they made a good impact in the market with a real business. Start investing again while the market is still cheap, you just need to look for the good projects but if you are still in doubt always go to the top options and those are BTC, ETH and BNB.

I think it's time to start investing again in bitcoin or etherum. When a new project is no longer profitable, the best way is to invest in coins that already have a high market cap for more potential.

Money going back to bitcoin.

It's the best time to invest back in bitcoin. Those who have been hyped with Defis, it's your time to back to bitcoin and get better results as it's starting to go up. We will never know if it's going to be a continuous skyrocketing.

Or it's just a trap.

Needless to say, you are buying the best crypto if you do so.

We are just waiting for the DeFi token to return to its base price, then invest. The DeFi chart continues to be red, there is no sign yet to stop down.
The most famous DeFi token today is YFI. If we look at the trading history, it is close to the bottom price. Only WBTC is following the BTC trend.

The mission of DeFi is great but it is surrounded by scammers when they found out they can easily create a project and sell it to Uniswap in particular.
But since investors are now smarter than before, a lot of them are also starting to die down as they can't get buyers of their crap DeFi token.
Also, you can see a lot of existing scam allegations in the scam accusations board alone having issues such as plagiarism, fake team, and other related scam tactics.
So only few of them will survive and we will see how DeFi will really change the financial market.

DeFi has been the catalyst in the price surge of the last few weeks. Moreover, many investors have spent their funds to invest in some phenomenal DeFi projects such as Uniswap and Chainlink. Automatically, it initiates another project to go with the wave. For the early adopters, it would have been a big advantage, but this wave had slowly died down.

Actually, there is nothing wrong with DeFi, in fact, I am very interested in its system which eliminates third-party interference. Really provides the best experience in decentralization, everything becomes more effective because the workload and risk are processed maximally, through smart contracts. Regarding the decline in prices and the downward trend, this is normal, isn't crypto volatile? the winner is the one who is wise in determining the timing of entering and leaving the market, not those who carelessly ride a fast-moving train.

I don't know what makes you think he end has come to the hype of Defi projects, but as far as I am concerned the hype is still very much there, though people might have become wiser not to invest in scam Defi projects, there are some good Defi projects out there that will remain relevant for a long time to come. Projects like DIA, Chainlink and the rest.

For the trader, there is no noticeable reduction in the hype around the DeFi sector for trading. All HYIP tokens, such as YFI and YFII, due to their high volatility, allow you to get a very high profit, which is calculated in the tens of percent.

Well, it is not about the defi or the trends and the statement that it is time to invest in real business with real products is evergreen, this is the time every time! Even during the defi hype anyone who followed this statement would be in good projects for sure and he is safe from losing all his investment rather he will be in profit soon. So investing in real projects with real products and business should be the priority always.

What real businesses with real products will you recommend? I agree that defi hype is kind of over but good defi projects will still thrive.
And as far as investing is concerned only btc and eth seem seriously bullish to me so i will hold and wait for these two to moon.

Well for some people, the DeFi ride was worth it and for some, it was regrettable and also it looks like the hype ended faster than it started. Nevertheless, the year is coming to an end and people are already looking towards the next hype or trend but it is also good to learn from all these hypes that any project based or built on hype do not last and only the early investors seems to enjoy such projects.
Also, I will not fail to say there were Defi projects which tried their best to ensure decentralized finance was achieved such as Compound, at the same time, there are others which dumped on their investors and exited scam.
Lastly, another lesson which can be gotten from this DeFi trend is, always make your research and don't be carried away by hype that you don't know when to stop. Furthermore, investing in genuine projects is always a good idea.

We don't know it, but it could be almost ended because the DeFi trend is slightly down, even YFI is down deeper. I don't know if the YFI price can increase back or not because I guess many people still expect to see the price increase again. But we will see it what happens with the DeFi projects, and if the time for the DeFi project to end, it will not have a chance to increase.

Probably just calming a bit but the bubble hasn't burst yet. For if it is so, it might cause a lot of liquidation or some yearn tokens losing lots of value.

A lot of dev take advantage of the DeFI and we it was not long when we started seen many useless project using DeFI as a means of raising money. Anytime a new innovation is introduced, people take advantage not because they have something to offer but just because they want to make quick money from investors. Even though the hype is down, any defi project that can proof themselve of having an innovative solution to a specific problem that can be solve using defi will still be successful

It's not over yet, whatever dump you are seeing lately is nothing but correction, bitcoin is surging and that's all that matters, if Bitcoin keeps surging DeFi projects will bring the most insane profits of all few months later, Bitcoin will reach a state where it's dominance will decrease alot and whales will drop out from Bitcoin and pump money into altcoins

Don't think DEFI Hype has ended
Look at DEFIPulse

The money locked in over time is crazy, the TVL (Total Value Locked) is getting higher and higher overtime

And if Ethereum claims it's old 4 figure value back again what will you think will happen to the few DeFi projects that are still standing? For example, Chainlink, can you tell me the exact project in crypto space that drives it's hype for a complete year? No single one, not even bitcoin, when crypto projects starts surging it's only going to last for days, weeks and few months, that's it. Nothing last forever

And who told you that all DeFi projects don't have real products? I see you are a newbie, you'd better spend time learning what few DeFi projects have in stock, projects like Polkadot, Chainlink, Synthesis aren't here to play, not all DeFi projects are complete waste of time and money, DYOR

"farming the shit out of it ' - well said, exactly follows my thoughts on the topic.  I feel bad  for those who drowned their money in this shit but they were to blame themselves. Now the real players will appear in the arena, not the scammers that have tarnished the whole idea. I think Corda made the first shot in this Defi battle. "R3's public Corda Network gets its first token 'XDC' for DeFi and CBDC projects".

Time to wake up before getting scammed yes Defi hype was a hot topic for couple of months and now many of them are scared to invest in this.

A lot of articles has been released on this Defi project, analyst say 99% of these projects are scam. I was wondering like Defi will be the future of crypto but thank God now I came to know it's a real danger for investment.

I agree with that observation mate, and I think the Defi crazed is already subsided and leaving huge losses to those who ride it without taking precautions, and we can see it in the social media post particularly on Twitter investors are regretting, for me that was a part of the crypto reality thats why take extra precaution next time when you riding on any crypto hype, By the way, let us get back into business with the real crypto projects that have a use case and real product to offer.

The lessons of ICO fall has brought many investors to their toes and many won't just put money in every project. Is just like many who have felt the bad side of ponzi schemes would not rush into any new kind of reformed ponzi. DeFi came in a rush, it is an early comers benefit project. Take your profit and wait is what investors have experienced.


This seem like the most appropriate kind of investment to keep your investment.
By the way etheruem isn't following DeFi in anyway. Etheruem has different and solid features far against DeFi.

I just didn't see it coming. Too fast to go down even if its like blooming yesterday. I think its all because of the issues accompanied with it. Scams are all over the hype and someone's trying to destroy it.

$8 for tx fee still too high. LTC (litecoin) tx fees is about $0.0001 and it confirms within 3 minutes.

Have you seen fiscus.fyi before? They combined DEFI and gambling dapps! And NFT's incoming! $uFFYI $FFYI

SO yeah time to invest in real projects!

Defi have ended as soon as possible because not getting support from investor for holding Defi coin for long time, many investor just make Defi coin as monkey business where have short moment and not profitable for holding in long time. The same with farming coin after success YFI reach bitcoin price and have many farming other coin but now have bad result with lower price and some become shit coin. I am lucky not interested with farming coin and not lost more on Defi coin project. Maybe we will get new moment about new coin again and waiting what the label and named for the next coin project.

I'm glad that the DeFi hype is over the gas price is back to normal and people can now go back to Ethereum trading the highest price of gas fee that I traded was $8 and I'm not used to using that high gas fee, and you are right people are going to lose on hype they should now go long term and find those projects that will last long term with real use case.

defi bubble already burst.
i'm buying old established coins as like Litecoin.
Eth is good too but i worry it will follow DeFi falling.

Anything thing that has beginning must have an end, few genuine DeFi projects has been overshadowed by scams some investors who were lucky invested early enough make profits and quit while some greedy ones fell for the hype and eventually got scammed, as you rightly said its time to invest in real coin BTC had been bullish lately so also ETH there are some viable altcoins that might pump 5x, 10x in the nearest future thus thorough researching will ensure making such profits.

crypto have real products too, in term of software products.
no reason to invest in gas or real estate at this point. most big countries now heavy on battery vehicles and the u.s pumping out gas/fracting hard! in california around 15 more years all new vehicle can't use gas. low price don't mean it's going to pump later, gas is a dying industry.

real estate at all time high. no reason to buy house 400k in a couple years later worth 200k.

Not quite sure if they are ended already it seems that the DeFi hype just run didn't last long, I've seen multiple DeFi scams I think that most of the investors get scared on investing to it. Let's hope that there would be a real product in the future right now I never seen any valuable.

Defi is not hype nor a virtual project which will cheat the investors gradually. These projects are very real and for the service-oriented. You can see here the true financial decentralization. The great example of this project recently you already have seen is Chainlink and the yearn.finance which has greatly outperform.

The hype about jumping onto the highest APY and farming the shit out of it is definitely over. As with every hype cycle, there aren't enough new people to fool i guess. Information travels fast these days. So everyone knows now not to lock funds in anon accounts and if they give you free money to build trust then you take that money and then scoot. Not take it as a signal to invest more.

So now that the dynamic has changed, the hype generated due to scammers is low. Those people who still believe that there are rich mofos out there who want to put money in novel areas are continuing to come up with more financial jugglery into DeFi space. I keep saying this but DeFi is just crypto-devs wanting to replicate big finance. The good/ bad thing (depending on how you see it) about it is that you don't need a sophisticated degree or anyone's permission to gamble money into it.

That's true and so many new defi platforms have already ended its sale without any money raised in the seed sale and private sale. Some defi platform may still able to raise the funds but it's not so crazy as a few months ago when the yearn finance has brought the defi trend to the cryptocurrency. It looks like we will be heading another trend again.

This time people much more focus into the product and so many legit projects have raised the hardcap.

I can send any erc20 with very cheap fees for each tx. The defi bubble already burst.

End of Defi hype! Time to invest in real business with real products?


Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!