DeFi Tokens Lead Crypto Returns in 2020
DeFi is surging and it’s becoming apparent with the performance of the sector’s leading tokens.
While prominent crypto assets have done well on the year, with Bitcoin up +32% and Ethereum up +287%, Ethereum DeFi tokens in the top 100 have averaged a +237% return year-to-date (YTD). We last covered DeFi tokens in mid-Janaury where we compared the performance of ETH and DeFi to BTC over the course of 2019. What we found was that taking an equal-weight basket of 6 major DeFi tokens R… … More
