From Yield Hunting to Risk-Aware DeFi Investing
In the early days of decentralized finance, yield was often treated like a race. Protocols competed to offer the highest APY, and users moved their funds to wherever the numbers looked most attractive. This “yield hunting” behavior became a defining feature of DeFi. Dashboards displayed rankings of protocols, and investors chased the opportunities sitting at the top. While this approach helped accelerate growth across the ecosystem, it also simplified the way yield was evaluated. In reality, ...
From Yield Hunting to Risk-Aware DeFi Investing
In the early days of decentralized finance, yield was often treated like a race. Protocols competed to offer the highest APY, and users moved their funds to wherever the numbers looked most attractive. This “yield hunting” behavior became a defining feature of DeFi. Dashboards displayed rankings of protocols, and investors chased the opportunities sitting at the top. While this approach helped accelerate growth across the ecosystem, it also simplified the way yield was evaluated. In reality, ...
Beyond APY: The Real Metric That Matters in DeFi
For years, the DeFi ecosystem has revolved around one number: APY. Every dashboard highlights it. Every new protocol advertises it. Users naturally compare it. Capital moves to wherever the percentage appears highest. On the surface, this behavior makes sense. If one opportunity offers 10% and another promises 25%, most people assume the higher APY must be the better investment. But in practice, APY is one of the most misunderstood metrics in DeFi. As decentralized finance matures, it becomes...
Beyond APY: The Real Metric That Matters in DeFi
For years, the DeFi ecosystem has revolved around one number: APY. Every dashboard highlights it. Every new protocol advertises it. Users naturally compare it. Capital moves to wherever the percentage appears highest. On the surface, this behavior makes sense. If one opportunity offers 10% and another promises 25%, most people assume the higher APY must be the better investment. But in practice, APY is one of the most misunderstood metrics in DeFi. As decentralized finance matures, it becomes...
