Newsletter • Oct 11, 2023

RWAs & Liquid Staking Trend Upwards

Summary

The DeFi sector brief emphasizes the increasing lending APYs, driven by the arbitrage opportunity created by borrowing stablecoins at rates below 5%.
Liquid staking and lending sectors are experiencing growth, with liquid staking remaining resilient and lending TVL growth driven by borrowing non-yield-bearing assets against yield-bearing assets.