Revisiting the narrative of actual returns: How has the token performed? Is it outperforming the market?

Revisiting token returns: Is it outperforming the market?

“RealYield” gained a lot of attention in the market last year, but now it is rarely mentioned. DeFi researcher Ignas | DeFi Research has studied whether the performance of RealYield tokens surpasses other DeFi tokens and states that RealYield tokens do not necessarily perform better.

Ranked by expenses and revenue, top performing real yield tokens include CAKE, GMX, SNX, GNX, CVX, LVL, and CRV. After researching the minimum prices of these protocols for 2022, I found that not all of them have performed well since their narrative started. Real yield tokens like RDNT, GRAIL, GMX, and GNS have performed exceptionally well, but other tokens such as SNX, CRV, and CVX have not performed as well as other non-real yield tokens.

CAKE is an interesting example, as it has generated the most expenses for token holders in the past 24 hours, but its price has continued to decline. Therefore, being a real yield token does not necessarily mean better performance. To evaluate a token’s potential, more factors need to be considered, including narrative, project development, and competition.

Reference: https://twitter.com/DefiIgnas/status/1672684510490796032

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Jimmy Song: Bitcoin doesn't need marketing, too many experts are pushing for scams.

Encrypted currency developer Jimmy Song said on Twitter that many "marketing experts" who entered the passw...

Blockchain

QKL123 Data Analysis | Bitcoin UTXO Age Distribution: Market Underground?

Abstract: The age distribution of Bitcoin UTXO hides the behavior of various market participants. The performance of ...

Blockchain

Market Analysis: LTC hit a new high, short-term market retracement

Author | Hash sent analysis team How can AI open up incremental markets for NFTs?Is Tesla losing favor? Ark Invest sh...

Blockchain

Why do I have to quit the coin, All in shoes?

"You missed the real estate ten years ago. You missed the bitcoin five years ago. Are you still missing the shoe...

Market

Bitcoin in the eyes of the storm

Note that Bitcoin is not a strict currency, just giving it such a name. A necessary condition for obtaining currency ...

Blockchain

BitMEX CEO: Bitcoin's computing power may drop by 30% to 35% after halving, with a target price of US $ 20,000 at the end of the year

Note: The original author is BitMEX CEO Arthur Hayes, who assessed the impact of the new crown epidemic on the global...