DeFi has been declared dead more times than anyone can count.
It's back. Again.
The timeline's awake. Volumes are up, lending's busy, perps are running hot, and the builders who stuck around through the quiet part are shipping again.
Here's what that means for us: every loan, every liquidation, every perp position is a price that has to be right. More DeFi means more of those, on more chains, all at once.
Band prices DeFi. We never left