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Updated 03:12 AM UTC

FT Fracton Protocol

$0.1013

$0.0028

(1.90%)

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Mkt Cap$53.98M

Vol286,667.00

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DEFI Doesn't Exist Anymore' as Onchain Finance Takes Over

Flying Tulip founder Andre Cronje says most DeFi protocols no longer meet the standard of true decentralized finance, arguing the sector has shifted to 'onchain finance' as total value locked falls from $167 billion to around $75 billion.

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Andre Cronje Says DeFi Has Taken on a New Form

For Andre Cronje, a large part of what the industry continues to call “DeFi” is no longer really so. The founder of Flying Tulip prefers to speak of “on-chain finance” when companies, teams or committees retain intervention power over protocols. What really remains of the promise...

Cointribune

DeFi Visionary Critiques Shift from Decentralization

During a candid discussion, Andre Cronje, the mastermind behind Flying Tulip and creator of the Fantom Network, shared insights on the current state of decentralized finance (DeFi). He expressed concerns that many contemporary DeFi platforms have drifted away from their foundatio...

BH NEWS

Andre Cronje says most DeFi protocols no longer truly decentralized

🚨 Andre Cronje says most DeFi protocols are not truly decentralized anymore. 😮 Cronje notes user protections have introduced more centralization to $ETH-based platforms. 📉 The DeFi TVL dropped from $167 billion in October 2025 to $75 billion in June 2026. 🔍 The ECB also quest...

COINTURK NEWS

Andre Cronje Says “DeFi” Is Gone, On-Chain Finance Now

Andre Cronje, founder of DeFi platform Flying Tulip and creator of the Fantom Network, says “most” decentralized finance no longer fits the strict definition of DeFi. Speaking during Cointelegraph’s Chain Reaction X Spaces event on Thursday, Cronje argued that true DeFi should be...

CryptoBreaking

‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje

Flying Tulip founder Andre Cronje argued that DeFi protocols have evolved into a new financial paradigm called “onchain finance” but have sacrificed part of their immutability and decentralization.

Cointelegraph.com News

Token Terminal Supports Flying Tulip with Standardized On-Chain Metrics

The partnership will utilize the analytics infrastructure of Token Terminal to let Flying Tulip offer standardized and dependable performance metrics.

Blockchain Reporter

DeFi Exploits Spur Builders to Harden Emergency Controls

Andre Cronje, the founder of Flying Tulip, argues that a large swath of what many call decentralized finance is no longer DeFi in the strict sense. In an interview with Cointelegraph, Cronje said many protocols have evolved into “teams running for-profit businesses” with upgradea...

CryptoBreaking

Andre Cronje: most DeFi protocols “No Longer Truly DeFi”

Andre Cronje blasts modern DeFi as UI-wrapped CeFi, backing circuit breakers after April’s $600M exploit wave and warning that true decentralization means no safety nets. DeFi pioneer Andre Cronje sparked industry debate, arguing that most modern DeFi protocols have drifted from ...

crypto.news

Top NFT Sales of the Week, Flying Tulip on Top

The other key NFT sales include Lionel Messi, Algebra Positions NFT-V2, Pangolin V3 Positions NFT, $ BRC-20 NFTs, Courtyard, and NBA Top Shot.

Blockchain Reporter

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