FeaturesSearch for Yield Spurs DeFi Rally Before Jobs Data Revisions: Crypto Daybook Americas
DeFi tokens are outperforming as bitcoin and ether post modest gains ahead of key U.S. jobs data, with the CoinDesk DeFi Select Index up 3% in 24 hours. Maelstrom founder Arthur Hayes highlights yield-seeking opportunities like Ethena’s sUSDe offering 7% returns. MYX Finance’s token surged 260% in a day, while DeFi dominance hits 3.49%, its highest since February. Analysts warn economic data and geopolitical risks could impact momentum.