DeFi Yields Quietly Collapsed This Spring, Not Just Hacks, Analyst Warns

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Solstice Finance's David Plisek argues that the bulk of losses in decentralized finance this spring stemmed from yield strategies that silently broke down rather than from hacking incidents. Writing in CoinDesk's Crypto Long & Short newsletter, Plisek examined April's $13 billion DeFi drawdown to make his case. He contends that a headline yield figure tells investors little about how a strategy will perform under market stress. To address this, he outlined four key questions that capital allocators should ask before committing funds to any DeFi yield product.

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