Consensys founder predicts a breakthrough in the DeFi sector by 2026

Consensys founder and CEO Joe Lubin stated in an interview at Consensus Hong Kong 2026 that the security of "blue-chip" decentralized finance (DeFi) protocols is now on par with traditional finance. He believes that global banks are being "devalued" and becoming less secure, predicting that the DeFi sector will experience a true breakthrough in 2026. Regarding bitcoin, Lubin mentioned that "Q Day" (the moment when quantum computers may break current cryptographic technology) poses an "existential issue" for bitcoin, but he believes this moment is still far off, while artificial intelligence will accelerate technological development. He stated that Ethereum will soon be in a good state, while other blockchains may face technical challenges and systemic risks in the future.