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 . They expect the best.

The debate over which blockchain is best for projects will continue. 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.