DeFi's Current Challenges Are a Litmus Test, Not a Fatal Blow
The recent shutdown of DeFi protocol ZeroLend after three years, citing thin profit margins, hacks, and inactive chains, serves as a reminder that the industry's initial optimism has given way to a more demanding reality. ZeroLend is not alone, as several DeFi protocols and adjacent crypto platforms have wound down in 2025 and early 2026 due to low usage, liquidity collapses, security incidents, …
April 12, 2026, 5:30 p.m.