Bitwise CEO: DeFi will not disappear, not all treasuries are equally reliable
Foresight News reported that Bitwise co-founder and CEO Hunter Horsley, when asked about the "recent negative sentiment in the DeFi sector" at the Miami Consensus 2026 conference, stated, "I believe DeFi is still very much alive." He pointed out that the recent incidents were operational security issues, not smart contracts being hacked. He also noted that the crypto industry is rapidly entering the mainstream, and both DeFi and on-chain treasuries need to respond to this moment; treasuries have only existed for two years, and "not all treasuries are equally reliable, so early entrants need to do more research." eToro co-founder and CEO Yoni Assia also stated that DeFi "is the inevitable future."
During the roundtable discussion, several guests predicted DeFi TVL for the next five years: eToro CEO Yoni Assia forecasted $5 trillion; Bitwise CEO Hunter Horsley predicted $500 billion; a16z Crypto partner Guy Wuollet declined to provide a specific number, only saying, "My number is up and to the right."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The 10-year U.S. Treasury yield climbs to 4.8%, erasing the dividend advantage of utility stocks; the sector’s rebound depends on interest rate stabilization rather than technical signals.
As U.S. Treasury yields continue to climb, the American utilities sector is experiencing a significant pullback—a rise in yields not only erodes the relative appeal of the sector’s dividends but also raises financing costs for the most capital-intensive industries within this market.

Euro holds gains above 1.1600 despite robust US jobs data, traders eye ECB rate decision
Port of Tauranga wins fast-track approval for Stella Passage development
