dYdX Foundation CEO: The industry may see the earliest "DeFi Festival" in September, and the enthusiasm will surpass the past.

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Odaily Planet Daily News dYdX Foundation CEO Charles d’Haussy said in an interview at the Hong Kong Consensus 2025 conference that the cryptocurrency industry may see a 'Decentralized Finance Festival' as early as September, triggering a sustained 'months-long' Decentralized Finance craze. He said, "The term 'Decentralized Finance Summer' is not enough to describe the upward trend he sees, and he believes 'Decentralized Finance Festival' is a more accurate term, as it will continue to grow. 'In people's minds, Decentralized Finance Summer is like a three-month crazy party. I think this short period has passed. It will be a long party lasting for several months afterwards.' According to data from Steno Research, the summer of Decentralized Finance began in 2020, with a surge in market adoption rates, TVL soaring to $15 billion, and then cooling off when the bear market hit in 2022. (Cointelegraph)

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