At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than . Your target audience expects you to offer the best of both worlds.

There will be debates about the best blockchain to support projects. Enhanced security, low transaction costs and formidable speed — there will always be a chain that offers bigger advantages. As the speculators argue over the next potential “Ethereum killer,” a new multichain reality is forming that has a less stark competitive implication. DeFi’s future will be different from the dog-eat-dog approach to blockchain. Products that are integrated into multichain solutions for users will win, and those who don’t can eventually go extinct.