YouHodler’s Tony Severino Looks Back on 2025 and Crypto Investing

TL;DR:

YouHodler market analyst Tony Severino looks back on a wild 2025 for cryptocurrency. Global macro: The end of synchronized liquidity expansion “The defining macro development of 2025 was not a single policy decision, crisis, or headline event.

Key Points:

Background:

Decentralized Finance (DeFi) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks. DeFi protocols enable lending, borrowing, trading, and earning yield on cryptocurrency assets through smart contracts.

Why It Matters:

DeFi represents a fundamental reimagining of the financial system, offering permissionless access to financial services globally. DeFi developments impact how value is exchanged, stored, and utilized in the crypto ecosystem, driving innovation in financial products and services.