The real reason DeFi projects that survived 2022 crash are shutting down now

CoinTelegraph·

The real reason DeFi projects that survived 2022 crash are shutting down now

60-second summary

DeFi projects that survived the 2022 crash, including those that weathered the Terra and FTX collapses, are shutting down in 2026.

DeFi projects that survived the fallout from the Terra and FTX collapses in 2022 are dying out in 2026. But analysts say it’s not a case of industry consolidation — but the opposite.