Top DeFi projects move further from decentralization in 2023
From Polygon’s recent 157 block reorg to Solana’s innumerable outages, DeFi’s success in 2023 feels anything but certain.
Cryptocurrency news by Protos · Protos
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Show Notes
Despite nearly six years passing since the inception of decentralized finance (DeFi) in 2017, it’s still experiencing child-like growing pains in 2023. DeFi underpins many Web3 properties which experience hacks and exploits weekly. Multi-million dollar exploits remain commonplace.
In 2023, DeFi could continue its slow development, or it could pass as an unsustainable fad. In any case, here are the most recent problems facing three large DeFi platforms today.
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