Watching DeFi after yesterday's rate talk

The latest Fed chatter on 'higher for longer' definitely put a dent in the general risk-on sentiment, which trickles down to DeFi. While $BTC held up reasonably, the broader alt market felt it.

I'm still looking at some of the perpetual DEX plays, especially those that offer real yield. If we see continued compression in traditional fixed income, these could become more attractive for liquidity providers, but the capital efficiency vs. regulatory risk is still the balancing act. Not looking to deploy fresh capital into anything particularly speculative right now.