Wyatt: DeFi markets face cyclical highs and lows, crypto lending proves sustainable amid centralized failures, and risks of leveraged systems threaten stability
The DeFi industry recently experienced a cyclical high followed by a significant decline in token valuations. Total Value Locked (TVL) is a crucial metric for assessing DeFi protocols’ value. Crypto lending markets are sustainable due to their unique value proposition.
Key takeaways
- The DeFi industry recently experienced a cyclical high followed by a significant decline in token valuations.
- Total Value Locked (TVL) is a crucial metric for assessing DeFi protocols’ value.
- Crypto lending markets are sustainable due to their unique value proposition.
- This year has been marked by rapid capital formation in the crypto space.
- DeFi business models can be divided into instantaneous activities and…



