Crypto finance is beginning to look at lot more traditional, Aave and Ethena founders say
Complete. Here is the key summaryCrypto is evolving beyond trading into more stable, predictable return products, akin to bonds, according to Aave and Ethena founders. They noted that new tools allow users to manage yield despite market volatility. While DeFi yields still depend on trading and leverage, returns are expected to increasingly derive from traditional finance assets transitioning onchain.
- Crypto is evolving beyond trading into more stable, predictable return products, similar to bonds, as new tools let users lock in or manage yield despite market volatility, said the heads of Aave and Ethena.
- While DeFi yields still rely heavily on trading activity and leverage, Stani Kulechov and Guy Young said returns will increasingly come from traditional finance assets moving onchain.