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Delphi Digital
@delphi-digital
Our 2024 Year Ahead DeFi Report is now available to everyone for FREE! 🔓 As we move along an action-filled 2024, let's reflect on the major DeFi predictions and forecasts our team made back in December! 🧵👇
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Delphi Digital pfp
Delphi Digital
@delphi-digital
Keen on discovering all of our previous 2024 DeFi insights and forecasts? Register for FREE with our new Delphi Alpha tier and read the full report now! 🔽 delphi.link/DeFiY2024
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Delphi Digital
@delphi-digital
Macro headwinds, higher rates & a bloodbath of centralized insolvencies in 2022 (culminated by the FTX collapse) extinguished capital from DeFi. The hangover left DeFi licking its wounds through 2023.
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Delphi Digital
@delphi-digital
Yet, DeFi was far from dead, and quietly began its road to recovery. In a vacuum, the sector performed well in 2023 with many tokens surging over 100% such as $LYRA, $LDO, $MKR, $DYDX, and $SNX.
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Delphi Digital
@delphi-digital
Among the DeFi tokens, we highlighted Pendle showing aspiration to be the LINK/SPELL of the bear market, rallying over 20x and reviving the forgotten yield stripping niche.
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