DeFi's Shakeout: A Trial by Fire, Not a Death Knell
The recent demise of DeFi protocol ZeroLend, after three years of operation, serves as a stark reminder that the industry's initial optimism has given way to a more austere reality. ZeroLend's closure, citing thin profit margins, hacks, and inactive chains, is not an isolated incident. Several DeFi protocols and adjacent crypto platforms have shut down in 2025 and early 2026, due to low usage, li…
April 12, 2026, 5:30 p.m.