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One of the biggest crypto funds just bought another $2m of Yearn.finance (YFI) One of the biggest crypto funds just bought another $2m of Yearn.finance (YFI)

One of the biggest crypto funds just bought another $2m of Yearn.finance (YFI)

The DeFi market has undergone a strong surge since it seemingly bottomed late last week.ย  As reported by CryptoSlate previously, top DeFi coins have surged over 100 percent from their lows, becoming the best-performing altcoins of this past week.

One of the biggest crypto funds just bought another $2m of Yearn.finance (YFI)

Cover art/illustration via CryptoSlate

The DeFi market has undergone a strong surge since it seemingly bottomed late last week.ย  As reported by CryptoSlate previously, top DeFi coins have surged over 100 percent from their lows, becoming the best-performing altcoins of this past week.

On-chain data suggests that this recovery is a byproduct of a large inflow of institutional capital into this space.

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