How can DeFi move into the second half?
After an explosive early phase, DeFi is entering a more rational second half. The previous model that relied on high returns to attract users is facing liquidity exhaustion and a crisis of market trust.
In the second half of DeFi, the core lies in compliance and sustainability. Projects must focus on risk control, asset security, and transparency to win long-term user trust. The maturity of multi-chain ecosystems and cross-chain technology also opens new spaces for the interoperability of DeFi.
On the technical side, Layer 2 scaling and automated market maker (AMM) algorithm upgrades have improved efficiency and user experience. More importantly, DeFi needs to deeply integrate with real financial assets to achieve true value flow.
In addition, user education and interface friendliness are breakthrough points. The participation of ordinary users is key to whether the DeFi ecosystem can be popularized; lowering the threshold and simplifying operational processes can stimulate greater vitality.
In summary, the second half of DeFi is a "dual-driven" approach of technology and compliance. Only by truly landing and safeguarding user interests can the ecosystem achieve healthy and long-term development.