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市场结构

Building useful products · 12 Dec 2025

This was one of the most extreme and systemic events DeFi has ever seen and almost nobody cares anymore?!

原文为英语,导航提供七种语言。

01

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For fucks sake this industry is cooked right now.

This was one of the most extreme and systemic events DeFi has ever seen and almost nobody cares anymore?!

One single exchange dominates altcoin price discovey.
It ""glitches"", prices collapse, liquidations cascade. Billions get wiped. Forced sells everywhere. And the market just shrugs and keeps scrolling like nothing happened.

No coordination. No outrage. No pushback from builders, funds, protocols or influencers.

Just silence, excuses and business as usual.

This is not decentralised finance anymore.

This is dependency finance. One venue controls price discovery, risk propagation and market reality.

When it breaks, the whole ecosystem bleeds instantly.

The most disturbing part is not the event itself.
It is how normal this has become.
Systemic fragility is no longer seen as a failure. It is accepted as the baseline.

If this does not trigger resistance, reform or at least loud collective anger, then let us be honest.

We are not building an alternative system. We are rebuilding the same broken one with new branding.

Where did we end up? Where? What the hell is this industry doing, for fucks sake?

And yes. I genuinely feel the urge to revive my old viral fuck you rant.

02

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Where are all the big accounts that flood this space with bullshit every single day?

Silent.

They say nothing because they do not care. They are here and it does not matter. It simply does not matter.

Extraction is the goal. Not building. Not defending the system. Extract, move on, repeat.

Builders are not supported. Their ideas get copied, rebranded and stolen. Promises of wealth, bull and bear narratives on repeat, while the entire industry is buried so deep in Binances ass that nothing else matters anymore.

Everything bends around one venue. Liquidity, price discovery, risk. And everyone pretends this is fine because rocking the boat threatens the extraction pipeline.

This is not incompetence. This is indifference by design.

And that is where we are now.

03

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https://t.co/Q2XBwqSqnH

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