Several well-established DeFi projects have started dumping; in this current market cycle for the DeFi sector, the first to pump was CRV. Next came UNI and then AAVE in a relay. Now UNI is starting to consolidate and digest the pressure at high levels, while AAVE has begun a second wave of the rally. Since Standard Chartered issued a trading call for SKL, it has basically trended upward all the way, and it has now broken out of its range-bound consolidation. At the moment, only $PENDLE has had a smaller move from the bottom, and its market cap isn’t very big either. There’s also $YFI that you can keep an eye on—it has a very small market cap as well, and it’s a long-time DeFi project, but basically no one is paying attention to it.

