The article examines the challenges faced by crypto neobanks, drawing parallels with traditional neobanks. It highlights their reliance on interchange fees and lack of interest income, suggesting that to survive, crypto neobanks should focus on embedded DeFi solutions instead of mimicking existing models.

This article discusses the stagnation of DeFi's total value locked (TVL) since its peak in 2021, highlighting the need for broader user engagement beyond crypto enthusiasts. It emphasizes that DeFi must simplify its offerings to attract everyday users and compete with the established fintech sector, which manages trillions in assets.