“The 3rd China (Xiamen) International Blockchain + Business Future Development Summit” branch “Open Finance Conference-Xiamen Station” was held today. In the keynote speech with the theme “How far is the road to breaking the DeFi circle?”, HCM Capital Management Partner Li Renjie said that all DeFi platforms are currently borrowing from each other, but this is not real income. The long-lasting top DeFi and CeFi platforms have begun to focus on the traditional market, hoping to find new sources of income, and introduce the yield of the traditional market into the ecology of the blockchain, mainly consumer loans (such as mortgage loans, student loans, etc.) ) And commercial loans (bridge loans, supply chain finance, factoring, etc.). It further pointed out that with the breakthrough of technological bottlenecks, the change of market concepts, and the completeness of security & regulations, DeFi will gradually break the circle and attract more assets and institutional funds.