DeFi Market Rebounds to $50B as Speculators Hunt for Yield

Since Oct. 13, ether (ETH), the primary asset used across the DeFi market, has risen by 42%, outpacing the whole DeFi market, which increased by 41%. It’s worth noting that a significant portion of DeFi protocols offer yields on stablecoins, which are pegged to traditional fiat currencies like the dollar, euro or sterling.

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