DeFi's 48-Hour Reckoning: The Market Reprices Risk
The lending landscape in DeFi underwent a dramatic transformation between April 17 and 19, as the market rapidly repriced the credit risk associated with decentralized finance. Until April 17, lending stablecoins through Aave, a benchmark for DeFi, yielded 2.32% APY, surprisingly lower than the Federal Reserve's overnight rate of 3.64%. This disparity suggested the market viewed unregulated, open…
April 23, 2026, 4:30 p.m.