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What’s the deal with DeFi “blue chips”? SNX, AAVE, YFI surge 100 percent off lows What’s the deal with DeFi “blue chips”? SNX, AAVE, YFI surge 100 percent off lows

What’s the deal with DeFi “blue chips”? SNX, AAVE, YFI surge 100 percent off lows

If you’ve been following Ethereum Twitter over the past few days, you’ve likely seen the term “blue chip” mentioned time and time again in reference to certain DeFi projects.

What’s the deal with DeFi “blue chips”? SNX, AAVE, YFI surge 100 percent off lows

Photo by Josh Rangel on Unsplash

If you’ve been following Ethereum Twitter over the past few days, you’ve likely seen the term “blue chip” mentioned time and time again in reference to certain DeFi projects.

In traditional finance, a blue-chip company is one that is seen as reputable and steady, with the ability to perform well in any market conditions.

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