
The fascinating thing about DeFi is that the market in many corners is pricing onchain TradFi as riskier than crypto-native assets - largely because of thinner 24/7 liquidity That means TradFi yields need to pay a premium As liquidity infrastructure improves (ty @FissionXYZ instant redemptions, @grovedotfinance Basin, @symbioticfi Liquid Lane, @multiliquid_xyz, etc.) I expect that premium to compress
