Seeing some divergence of performance between blue chip DeFi and the newer crop of higher risk DeFi.
Blue chip corrected 30% to 40% while the high risk stuff have corrected 70% and more from recent cycle high.
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Think it's the resilience built through previous market cycle that make them more immune to short term market gyration and sentiment swing.
Value capture are more clear and less dilution from yield farming subsidy as well.
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newer ones have pretty consistently been moving with 2x the beta of older ones, in both directions