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Beyond the APY Mirage: Why Risk-Adjusted Yield is the New North Star for DeFi

By SewLok · Published March 11, 2026 · 1 min read · Source: Cryptocurrency Tag
DeFi
Beyond the APY Mirage: Why Risk-Adjusted Yield is the New North Star for DeFi

For most of DeFi’s history, yield has been treated like a high-score leaderboard. The formula was simple: find the biggest number, deposit…

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