AI Industry Compass: AI Oracles Venture into Deep Waters as the On-Chain Credit Data Layer Becomes New Infrastructure for DeFAI Lending

Over the past two years, the DeFAI (Decentralized Finance × AI) sector has completed a full cycle from concept hype to real-world deployment. While market attention remains focused on lending protocols' capital rates and token incentives, a deeper industry thread is surfacing—the on-chain credit data layer. It determines who can price borrowers more accurately, and whether AI-driven crypto lending can truly break free from the old over-collateralization paradigm. This article interprets, from three dimensions of technical architecture, industry landscape, and investment logic, this still-forming DeFAI