🚨 ANDRE CRONJE: “DeFi NO LONGER EXISTS”

Andre Cronje is making a bold statement: DeFi has evolved into on-chain finance. 👀

He argues that many protocols have become increasingly centralized and operate more like traditional companies than truly decentralized networks.

📉 According to DefiLlama data cited in the report:
• DeFi TVL: $167B → ~$75B
• Massive shift in the DeFi landscape
• The focus is moving toward on-chain financial infrastructure

🔥 What does this mean for major DeFi names like $AAVE
$UNI
& $S
?

The next phase of crypto may not be about “DeFi” anymore — it could be about transparent, programmable, on-chain finance. ⚡

Is DeFi dead, or simply evolving? 🤔

#DeFi #Crypto #AAVE #UNI #S #OnChainFinance #Ethereum #Web3