Median DeFi token return on par with Bitcoin this year

cointelegraph.com

On Nov. 17, pseudonymous crypto analyst ‘Ceteris Paribus’ shared data with his 12,000 followers compiling the YTD median and average performances of 40 top crypto assets, comprised of 38 top DeFi assets, Bitcoin (BTC) and Ether (ETH). The analyst found that the median return sits around 148.8%, which is 15.5% above Bitcoin’s 133.3% YTD gain.

As of this writing, DeFi’s top-performing assets for 2020 are Aave (AAVE) with a 4,245% gain, Band (BAND) with 2,466%, and Yearn Finance (YFI) with 1,597%. DeFi assets have produced extreme volatility in recent months, with 10 of 29 DeFi tokens posting gains exceeding 1,000% in August, while CRV was the sole asset to end August in the red.

Read in Full: cointelegraph.com

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