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Crypto and fiat savers are making a fatal error — and DeFi can come to the rescue

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There's no escaping it: the DeFi markets have cooled down over the past year.After breaking $180 billion in total value locked last November — coinciding with Bitcoin racing to a new all-time high of $68,700 — data from DeFiLlama shows the collective value of this market has now dwindled to around $40 billion.Nonetheless, experts remain bullish on the potential of decentralized finance.

Protocols are continuing to build furiously during the bear market — ensuring that they'll be in a strong position for the next wave of adoption.

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