2017-era altcoins IOTA, XRP and more surge 25% amid crypto bull run

Uncharacteristically, decentralized finance (DeFi) coins such as Yearn.finance’s YFI and AAVE have been on the sidelines over the past 24 hours as Ethereum surges higher along with a swath of other altcoins.
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This crypto fund just bought $10m in Chainlink (LINK) during last night’s flash dip

What’s beautiful and kind of scary about DeFi is that everything is on-chain: if you know someone’s address, you can track their investments and their other interactions with the Ethereum ecosystem.
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This Ethereum-based DeFi token is up 3,000% in the past week alone

It appears that “aping” into new decentralized finance (DeFi) coins is back in vogue with Bitcoin pumping, Ethereum moving towards its summer highs, and money moving right down the DeFi risk curve.
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