Ethereum’s Future Is DeFi! Vitalik’s Historic Blog Post
- 2025.09.24
- DeFi

📣0G | CRYPTO X AI
https://bankless.cc/OGAI
——
Vitalik Buterin just declared DeFi as Ethereum’s “killer app.” In his new post, he compares it to Google Search, the dependable core business that powers everything else.
Ryan and David break down why Vitalik believes DeFi has finally earned this title, how it survived the volatility of the last cycle, and what it means for ETH as collateral, culture, and revenue. They cover the Google analogy, the risks DeFi has outgrown, and why this moment could define Ethereum’s future.
——
BANKLESS SPONSOR TOOLS:
🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🎩DEGEN | JOIN THE COMMUNITY
https://bankless.cc/degen
🌳KGEN | REQUEST A DEMO
https://bankless.cc/KGEN-podcast
🏄SURF | UPGRADE YOUR CRYPTO RESEARCH
https://bankless.cc/surf
——
TIMESTAMPS
0:00 DeFi: Ethereum’s Core Business
3:50 The Significance of Vitalik’s Article
5:27 Vitalik’s Perspective on DeFi Maturity
9:27 The Stability of DeFi vs. TradFi
12:20 Core Low-Risk DeFi Activities
14:47 DeFi’s Global Accessibility
15:37 DeFi and Ethereum’s Cultural Goals
17:56 Economic Contributions of DeFi
21:24 ETH as a Store of Value
26:05 The Noble Purpose of DeFi
30:48 Alignment of DeFi with Ethereum
34:45 Google Analogy: DeFi’s Backbone
39:27 Vitalik’s Pride in DeFi
41:49 Marketing Messages and Ethereum
1:04:37 Closing & Disclaimers
——
RESOURCES
Vitalik’s Post
https://vitalik.eth.limo/general/2025/09/21/low_risk_defi.html
——
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures