{
  "id": 1962411,
  "title": "Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)",
  "url": "https://urgent.news/2026/08/19/crypto-long-short-where-defi-yield-really-comes-from-and-why-it-broke",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T14:57:35.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/coindesk-indices/2026/08/18/crypto-long-and-short-where-defi-yield-really-comes-from-and-why-it-broke-this-spring"
  },
  "original_language": "en",
  "account": null,
  "summary": "In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield strategies that quietly stopped working. Looking at April's $13 billion drawdown, he shows that a headline yield number reveals almost nothing about whether it will hold under stress, laying out four questions an allocator should ask…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}