DeFi market fell off cliff in Q2 but users haven't given up hope: Report

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DeFi users pulled out a significant sum of funds from DeFi platforms in Q2, but a report from CoinGecko has revealed they’re still very much active.

“These attacks have negatively impacted token prices as investors lose faith in these hacked protocols.”

It noted that the number of daily active users in DeFi decreased only 34.5% from 50,000 to 30,000 in Q2, added there were also multiple instances that caused a spike in DeFi activity.

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defi is done You want the next defi? Got invest in Metaverse web3 projects

Interesting to know what sum of usdt it was

Not out of Cult Dao or Revolt they didn’t . They have managed the bear market well and are growing nicely .

Only DeFi with RealYield will survive

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