PANews reported on October 1 that according to the Apollo Crypto report, the recovery of DeFi benefited from the Fed's interest rate cuts, China's credit expansion and improvements in DeFi infrastructure. The report pointed out that the Fed's interest rate cuts have created a more attractive investment environment for risky assets such as Bitcoin and Ethereum, while the People's Bank of China's loose policies have also provided support for DeFi growth. In addition, key infrastructure improvements of DeFi protocols such as Aave and Uniswap, as well as new tools such as cbBTC launched by Coinbase, are attracting more capital into the DeFi field.