DeFi doesn’t have a liquidity problem.
It has a liquidity efficiency problem.
Billions of dollars are already sitting across different chains, protocols and pools.
But capital is still fragmented.
One pool has liquidity but no users.
Another has users but poor execution.
Another offers better yield, but moving capital there creates unnecessary friction.
The next phase of DeFi won’t simply be about attracting more TVL.
It will be about making existing liquidity more productive.
Better routing.
Better capital allocation.
Better interoperability.
Better risk management.
And most importantly, infrastructure that lets liquidity move where it is actually needed.
The DeFi protocols that understand this will have a much bigger advantage than the ones simply competing for another TVL leaderboard position.
Liquidity isn’t valuable just because it exists.
It’s valuable when it can move, execute and generate utility efficiently.
Tomorrow, I’ll be at BigSel Studio in Ho to talk about the renting issues students face, especially how some agents take money from students, give them poor rooms, and sometimes even run away with their money.
Hmmm, English is too hard 😭💔