# Сопутствующие статьи по теме DeFi

Новостной центр HTX предлагает последние статьи и углубленный анализ по "DeFi", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

YZi Labs Portfolio Data Analysis: 229 Investments, 95 Listed on Binance

YZi Labs Portfolio Data Insight: 229 Investments, 95 Listed on Binance In March 2026, YZi Labs investment partner Dana Hou departed after four years, witnessing the crypto VC industry's cycle from frenzy to contraction. RootData recorded 229 YZi Labs investments, involving 218 unique projects. Among them, 154 have issued tokens: - 150 are listed on at least one exchange - 95 are listed on Binance - 22 have a market cap below $500K - 20 have ceased operations Approximately 45% of the listed projects (69) are considered relatively healthy, including successes like Ethena ($920M market cap), Aster ($1.73B), Sui ($3.54B), and Aptos ($790M). These primarily focus on DeFi infrastructure and L1/L2 solutions. Half of the tradable projects (76) have a market cap below 50% of their fully diluted valuation (FDV), with 26 projects below 20%. Notable pivots include STEPN (to lifestyle platform), MyShell (AI Agent infrastructure), and Open Campus (education solutions ecosystem). YZi Labs maintained investment pace during bear markets, with 49 deals in 2022 versus 44 in the 2021 bull market. However, lead investment rates dropped from 36% in bull markets to 16-27% in bear markets, indicating a more cautious approach. DeFi has become YZi Labs' preferred sector, while game investments declined significantly. A notable characteristic is the non-disclosure of investment amounts in 45.6% of deals (104), particularly during bear markets and strategic rounds. The firm is strategically expanding into AI and stablecoins, aiming to rebuild its portfolio and upgrade its research capabilities for cross-cycle performance.

marsbit03/04 13:09

YZi Labs Portfolio Data Analysis: 229 Investments, 95 Listed on Binance

marsbit03/04 13:09

2026 Death List: Games Are Dead, DeFi Is Dead, Tools Are Dead, Who's Next?

"Death List 2026: A Quiet Mass Extinction in Crypto" The crypto market is experiencing a wave of silent shutdowns in early 2026, with over 10 Web3 projects ceasing operations within 90 days. Unlike dramatic collapses of the past, these projects are dying quietly, often with a simple announcement before servers go dark. Key failures span major sectors: - **Play-to-Earn Games**: GENSO Online is closing with monthly costs 5x its revenue. Pixiland abandoned its Web3 plans and token generation event (TGE), and Forgotten Runiverse went offline indefinitely due to broken funding. - **DeFi Protocols**: ZeroLend, once a leading L2 lender with $250M TVL, is honorably shutting down after suffering from fragmented liquidity across multiple chains and the withdrawal of oracle support. Polynomial canceled its TGE, admitting its product was in a "decaying state." Step Finance collapsed after a $40M hack originating from a compromised executive's device. - **Infrastructure & Tools**: Parsec, a well-funded on-chain analytics tool, failed to compete against giants like Dune and Nansen and shut down after 5 years. ENS scrapped its Layer 2 Namechain because Ethereum's Fusaka upgrade slashed mainnet gas fees by 99%, making the L2 unnecessary. Common themes behind the failures include a fundamental lack of sustainable revenue, the trap of unsustainable multi-chain expansion, and security failures that are often human, not technical. The industry is seeing a brutal consolidation of capital towards projects with real demand, like stablecoins and RWA, while regulatory clarity pushes out non-compliant players. Despite the carnage, some projects, like Polynomial and ZeroLend, are choosing responsible shutdowns over harming their communities, setting a new standard for accountability.

Odaily星球日报03/04 08:35

2026 Death List: Games Are Dead, DeFi Is Dead, Tools Are Dead, Who's Next?

Odaily星球日报03/04 08:35

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