{"id":642636,"date":"2026-08-13T11:52:49","date_gmt":"2026-08-13T11:52:49","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/13\/defi-doesnt-exist-anymore-just-onchain-finance-andre-cronje\/"},"modified":"2026-08-13T11:52:49","modified_gmt":"2026-08-13T11:52:49","slug":"defi-doesnt-exist-anymore-just-onchain-finance-andre-cronje","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/13\/defi-doesnt-exist-anymore-just-onchain-finance-andre-cronje\/","title":{"rendered":"\u2018DeFi doesn\u2019t exist anymore,\u2019 just onchain finance: Andre Cronje"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/andre-cronje.jpg\" alt=\"\u2018DeFi doesn\u2019t exist anymore,\u2019 just onchain finance: Andre Cronje\" class=\"type:primaryImage\" \/><\/p>\n<p>Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of \u201conchain finance,\u201d but have sacrificed some of their inherent immutability and decentralization.<\/p>\n<p>Most decentralized finance (DeFi) protocols are no longer truly decentralized, according to Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network.<\/p>\n<p>\u201cI don\u2019t think DeFi exists anymore outside of those very small niches,\u201d Cronje told Cointelegraph during Thursday\u2019s Chain Reaction X Spaces <a href=\"https:\/\/x.com\/Cointelegraph\/status\/2087695329173123520\" rel=\"noopener noreferrer\" target=\"_blank\">show<\/a>.\u00a0<\/p>\n<p>He argued that \u201ctrue DeFi\u201d needs to be decentralized, immutable and without an intermediary, adding: \u201cThat statement isn\u2019t really true for pretty much any other protocols running today.\u201d <\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/defi-doesnt-exist-onchain-finance-andre-cronje\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of \u201conchain finance,\u201d but have sacrificed some of their inherent immutability and decentralization. Most decentralized finance (DeFi) protocols are no longer truly decentralized, according to Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network. \u201cI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":642637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-642636","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/642636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=642636"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/642636\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/642637"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=642636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=642636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=642636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}