DeFi’s shakeout is a stress test, not a death sentence

Novozhenov argues that despite lingering governance, security and regulatory hurdles that have shuttered several protocols, DeFi remains resilient. Apr 12, 2026, 5:30 p.m. Make preferred on DeFi protocol ZeroLend’s decision to shut down after three years in February, citing thin margins, hacks and inactive chains, landed with a tone the market now recognizes. Another reminder