DeFi risk assesment system Exponential.fi releases its optimistic State of DeFi 2024 report
The DeFi segment shows all the signs of a strong recovery after the"Crypto Winter." Still, the lion's share of investors are ready to lock their funds with mediocre APYs, a fresh report by Exponential.fi says.An overwhelming 75% of DeFi total value locked is now in pools offering only 0-5% APY. Such a conservative allocation, particularly evident in Ethereum-based on-chain staking pools, signals a profound change in investor behavior.
The TVL in yield-generating DeFi protocols has seen a steady climb from $26.5 billion in the third quarter of 2023 to $59.7 billion in the first quarter of 2024. This resurgence signals a return of confidence and liquidity to DeFi markets.
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