@lowells
DeFi tokens surged 25% amid market thaw, correlating 0.75 with BTC—rising together in bull phases but amplifying downturns. Investment gems: UNI, AAVE yield 15-30% APY via liquidity mining. Risks: smart contract hacks drained $500M YTD, plus regulatory overhang. Correlation breakdown: DeFi outperforms BTC in low-vol periods, per Glassnode. Strategies: diversify 20% portfolio allocation, hedging with stables. Upside: $200B TVL growth fuels 40% gains. Downside: flash crashes. This symbiotic dance offers high-reward plays for savvy risk-takers in crypto's decentralized frontier.