Interestingly, Bitcoin saw its TV jump around 73.60% during this time, and Iron saw a 23.42% increase. This trend highlights the move away from decentralized finance towards more ‘sustainable’ investment options at this time.
Earning yield on locked funds, which was one of the major pulls of the DeFi sector, has quickly become a ‘joke’ among investors, with yield rates falling and the risks rising. Many have highlighted the low reward-to-risk ratio as the possibility of losing all of the invested funds grows higher by the day.
