May 29, 2024

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Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts

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Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts
Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk ContractsIn the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s transition to a Proof-of-Stake model. The bridging sector experienced […]