Svmuu News Aave Labs founder Stani Kulechov and Ethena CEO Guy Young stated at the Digital Asset Summit in New York that crypto finance is gradually offering stable, predictable yields similar to bonds or savings products, allowing returns to be locked in even in volatile markets.
Guy Young mentioned that Pendle offers a choice between fixed and floating rate swaps, enabling users to switch between more stable or more variable returns, but predicting market movements three months ahead in the crypto space remains challenging.
Stani Kulechov pointed out that Aave acts as a liquidity hub by providing deep capital pools, helping new DeFi products launch. He also noted that current DeFi yields still primarily rely on trading and leverage, and that more future yields will come from on-chain traditional financial assets and asset tokenization. (CoinDesk)