Legend becomes latest DeFi app to throw in towel

“The product that wins isn’t the one that explains crypto better, it’s the one that hides it completely,” said CEO Jayson Hobby.

Decentralized finance mobile “superapp” Legend has announced it is winding down after about two years of operation, adding to a string of crypto apps deciding to shut down this year. 

Legend was a DeFi aggregator that aimed to bring DeFi to its users rather than forcing them to sign into multiple different wallets or applications to use their crypto. 

“We believed the right interface could put DeFi’s most powerful primitives in front of mainstream users.” Legend co-founder Jayson Hobby said on Tuesday. 

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