People say DeFi is dead every time the tape gets ugly.

It’s usually said by people who don’t use it.
@Mantle_Official is a good counterexample.
In Q1, TVL went from $167M to $646M, while most of the market was shrinking.
The main catalyst was @aave landing here, plus the incentive push.
Now deposits on Aave’s Mantle market already crossed $1.48B and $wrsETH from @KelpDAO is past $120M supplied.
What I like is they keep adding real infra around that liquidity. @0xStableFlow just made USDT0 routing live on Mantle, so moving stables in and out becomes much smoother.
And @INFINIT_labs added Mantle agents (LIFI + Aave) so you can run strategies from a single prompt instead of clicking 10 tabs.
If DeFi is “dead”, it’s doing a pretty bad job at it.