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Why a DeFi platform ditched its consumer app to become the secret backend for tech giants

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FOMOGRAM Editorial Desk
Aug 2, 2026
AI VERIFIED ANALYSIS
CoinDesk FEED
Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
EXECUTIVE SUMMARY

Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.

Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

Neutral market report for CRYPTO: Balanced telemetry.

BTC OVERALL MARKET INDEX: 28 / 100 (BEARISH)

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