Decentralized finance (DeFi) has been a core pillar of the crypto ecosystem since its rapid expansion in 2020. While many new innovative protocols have been built, it has also led to increased complexity and fragmentation, with even experienced users struggling to navigate the vast number of chains, assets, and protocols.

Despite market challenges, the event demonstrated a resilient Web3 ecosystem with builders focused on sustainable, real-world applications in the areas of AI, interoperability, and next-generation dApps.

Thailand is emerging as a key player in Southeast Asia’s thriving cryptocurrency and Web3 ecosystem. With a population of over 70 million, Thailand has embraced blockchain technology, supported by government policies that encourage innovation and digital economic growth.