🚀 DeFi Evolution in Q1 2025: A Tale of Yield Compression and Innovation

- DeFi yields have dropped sharply, with major lending platforms like Aave and Spark seeing significant rate cuts. Yet, stablecoin vaults have quadrupled in size, reflecting growing institutional trust in DeFi.

- Curators, DeFi's new asset managers, are optimizing lending strategies, delivering higher yields by managing risk and capital allocation. Platforms like Morpho and Euler lead this shift.

- The market now features a layered structure: blue-chip protocols offer security, while strategy providers deliver higher yields through sophisticated strategies.

- Ethereum remains a top yield hub, despite new chains offering elevated but potentially unsustainable rates.

What's your take on DeFi's future? Share your thoughts below! 💬