DeFi
FTX showed the problems of centralized finance and proved the need for DeFi
Despite the massive sell-off, Uniswap, Balancer, Curv and other decentralized exchange (DEX) and decentralized finance (DeFi) platforms are operating smoothly, allowing users to exit their crypto positions or, if they prefer, to capitalize on the low prices and buy. Users may have seen their wallet value decline in dollar terms, but they never lost access to their assets. If that’s not consumer protection, I don’t know what is.