Aave leads DeFi higher as crypto shrugs off surging bond market
- —Aave jumped 11% on speculation over a token burn
- —72 of 100 CoinDesk 100 constituents advanced
- —10-year Treasury yield stood at 5.234%
Why it matters: DeFi strength despite elevated Treasury yields signals resilient crypto demand, though the burn speculation needs confirmation.
Source: CoinDesk