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Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)

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2LAR Wire Desk (CoinDesk) Syndicated Wire Desk • Published 2026-08-19
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Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)

In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield strategies that quietly stopped working. Looking at April's $13 billion drawdown, he shows...

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