**News Flash: DeFi Poised for Second Wave of Growth**

Apollo Crypto's latest report suggests a potential resurgence in decentralized finance (DeFi). After the "DeFi Summer" peak in 2020 and subsequent slowdown, key protocols like Maker, Uniswap, and Aave have solidified their positions.

**Key Drivers:**

- **Fed Rate Cuts:** The U.S. Federal Reserve's recent interest rate cut makes risk-on assets like Bitcoin and Ether more attractive.

- **China's Credit Expansion:** The People's Bank of China’s supportive lending measures boost DeFi prospects.

**Infrastructure Upgrades:**

- Enhanced infrastructure and lower transaction costs on layer-2 solutions are making DeFi more accessible.

- Coinbase's cbBTC could revolutionize capital flow into DeFi by simplifying BTC transactions.

**Protocol Highlights:**

- Aave leads in decentralized lending.

- Uniswap dominates decentralized exchange volume.

- Maker's rebranding to the Sky ecosystem and its new stablecoin, USDS, have sparked mixed reactions.

Stay tuned as DeFi gears up for another growth phase!