DeFi Index Surpasses Ether Returns with 75% Gains Since October
In 2024, Bitcoin (BTC) is leading the crypto market, but changes from the Trump administration may shift investments to other assets, as noted by Kaiko Research.
Key points from the report include:
- The DeFi index (KSDEFI) has achieved approximately 75% returns since its launch in October 2023, outperforming ETH.
- The correlation between the DeFi index and ETH is decreasing as DeFi expands beyond Ethereum.
- The index includes 11 tokens, primarily UNI, AAVE, and ONDO, with regulatory developments favoring Uniswap and Aave's fee structures for token holders.
- Ondo Finance may benefit from increased tokenization trends on Wall Street.
- Regulatory easing presents new growth opportunities for DeFi after facing barriers like high fees and security issues.
