DeFi to Make a Big Comeback, Bernstein Says
Bernstein notes that six out of the top 10 revenue-generating protocols are DeFI applications. These are Uniswap, Aave, Maker, GMX, Synthetix and Sushi. “DeFi’s folly last cycle was the game of unsustainable yields that came crashing down,” the authors wrote, adding that the epitome of unsustainable DeFi was the Luna stablecoin, which subsequently collapsed. A […]


