AVAX’s decentralised finance (DeFi) ecosystem is attracting torrent of new deposits. Avalanche had only $180 million in total value locked up at the end of July (TVL). Since then, the sum has risen 1,000% to nearly $1.8 billion at time of writing. Despite positive indicators, not all analysts believe Ethereum competitors will survive. According to Ava Labs' Demeo, ecosystem was missing "important infrastructure parts," including oracles, speedier bridge, lending platform, and support for stablecoins.