FTX was a completely centralized entity.
The decentralized aspects of crypto ("defi") has been operating just fine through this entire shit-show.
The decentralized aspects of crypto ("defi") has been operating just fine through this entire shit-show.
https://beincrypto.com/top-ten-defi-hacks-2022-hackers-darin...
Most of those examples you linked are bridges that aren't considered Defi or half-baked protocols that scream "scam".
Systems that are robust due to being simple, flexible, highly independent tend to peter out over the long haul, as their failure is often an effect of a changing environment rather than some internal fracture.
Anything that's made "robust" artificially (like propping up a bridge with a loose piece of lumber, or injecting bailout money to maintain bank's solvency) is now completely dependant on that artificial prop. if the bridge is allowed to carry more traffic after being propped up this way, you can expect a catastrophe equal to the one you averted + everything that's been added since.
There's a reason that exchanges like FTX are central to "crypto" as a practical matter, regardless of the technical underpinnings of crypto itself. These things are required to facilitate speculation and attract users who otherwise would be capable of interacting with the actual distributed stuff.
Without the much needed fiat currency of this class of users, the pyramids couldn't have been built nearly so high.
There were massive 'defi' failures earlier this year. FTX itself appears to have been primarily invested in varrious defi schemes while being short Bitcoin, resulting in the current insolvency.