Analysis: Yield-generating assets account for approximately 10% of the total scale, and users are shifting towards yield-generating assets.

Golden Finance reports that on April 29th, income-generating assets account for approximately $336.7 billion, or 10% of the total scale (of which $304 billion are stablecoins and $32.7 billion are tokenized funds).
Market applications are shifting from trading channels to those capable of generating income in US dollars.
Alpha signal: Viewing the 10% ratio as a warning sign. If its scale can expand like traditional financial (TradFi) money market funds, stablecoins will evolve from digital cash to the main revenue engine in the cryptocurrency space.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments