The multichain future might kill DeFi before it saves it

The explosion of new blockchains has fractured DeFi’s once-unified liquidity, threatening its core advantage of composability. Without infrastructure that seamlessly connects siloed markets, DeFi risks losing its revolutionary qualities.
Opinion by: Hart Lambur, co-founder of Risk Labs.
Decentralized finance, or DeFi, is built on composability, but composability is breaking. As new chains proliferate, liquidity fragments and incentives weaken.
What was once a single shared environment has splintered into dozens of siloed markets. DeFi isn’t dead, but without the infrastructure that connects these environments, it may lose what made it powerful.