Trump Tariff Shock, DeFi Protocols Remain Positive
On the 4th (local time), cryptocurrency specialized media The Block reported that “after U.S. President Donald Trump announced tariff measures targeting major trading partners, the cryptocurrency market plummeted, but some DeFi protocol founders interpret this volatility as a positive signal.”
Mark Zeller of the Aave Chan Initiative (ACI) stated, “Unlike other exchanges, the decentralized cryptocurrency lending protocol Aave (AAVE) does not forcefully close all positions during liquidation, but only partially liquidates to reduce user losses.”
He continued, “The goal of the protocol is to keep positions healthy and minimize losses,” explaining that “DeFi protocols have been continuously evolving to build safe platforms, and this market fluctuation has proven their achievements.”
Furthermore, well-known Ethereum (ETH) community activist Evan Van Ness evaluated that “except for some frontend issues, everything operated normally,” and “DeFi was more stable than traditional finance during the crisis.”
