Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
AI summary
In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield strategies that quietly stopped working. He shows that a headline yield number reveals almost nothing about whether it will hold under stress, looking at April's $13 billion drawdown.
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AI rationale
警惕风险,远离DeFi高收益陷阱。
Dimensions: AI value rating (grounded in investor knowledge bases), category, freshness (≤36h preferred), bilingual completeness, source authority. Items rated High or Medium enter the daily briefing pool — top 5 each for Economy and Crypto.
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