DeFi test: protocols are closed one after another, but it is far from over!

Recently, many DeFi protocols have been closed due to governance, security and regulatory issues, and the market is filled with pessimism. But this is more of an industry stress test than a death sentence. Core analysts pointed out that after eliminating fragile projects, protocols with truly innovative and robust models are showing amazing resilience.

This round of reshuffle is crucial for retail investors. It clearly points out the risk points of participating in DeFi: Don’t just focus on high APY, you must delve into the project’s governance structure, code security audit and compliance prospects. The era of blindly "poaching, selling and withdrawing" has passed. The safety of your principal is more important than any income.

For traders who are still active on the market, whether participating in DeFi or spot trading, controlling costs is the key to survival. Comparing prices on a platform like CoinRebate ensures you get the best rates on major exchanges (such as Binance, OKX), and every penny saved counts in a bear market.

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This article was edited by CoinRebate AI, data source: CoinDesk