POPA ReconCurated DeFi has grown into an $11.29B market: curated vault TVL rose 39% over the past year even as broader supply-side DeFi TVL fell 41.8%
Curated DeFi has grown into an $11.29B market: curated vault TVL rose 39% over the past year even as broader supply-side DeFi TVL fell 41.8% Concentration is the key risk: 5 curators manage ~69% of TVL, many vaults share the same underlying exposures, investors should look beyond APYs to collateral, manager discretion, and redemption risk Source
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