How do you stay up-to-date with DeFi trends?

1 Follow reputable sources

One of the best ways to stay updated with DeFi trends is to follow reputable sources of information and analysis. These can include blogs, podcasts, newsletters, social media accounts, and forums that cover DeFi topics regularly and in depth. Some examples are DeFi Pulse, The Defiant, Bankless, DeFi Times, and DeFi Rate. These sources can help you learn about the latest developments, opportunities, and challenges in DeFi, as well as provide insights and opinions from experts and influencers.

2 Join communities and networks

Another way to stay in touch with DeFi trends is to join communities and networks that are active and engaged in the DeFi space. These can include online platforms, such as Discord, Telegram, Twitter, Reddit, and Medium, where you can interact with other DeFi enthusiasts, developers, and users. You can also join offline events, such as meetups, hackathons, and conferences, where you can network and exchange ideas with DeFi peers and leaders. These communities and networks can help you discover new projects, protocols, and trends, as well as get feedback and support for your own DeFi endeavors.

3 Experiment and learn by doing

A third way to stay up-to-date with DeFi trends is to experiment and learn by doing. DeFi is not only about reading and listening, but also about trying and testing. You can use various tools and platforms to explore and participate in the DeFi ecosystem, such as wallets, browsers, aggregators, and dApps. You can also use testnets, simulators, and sandboxes to practice and learn without risking real funds. By experimenting and learning by doing, you can gain hands-on experience and knowledge of DeFi, as well as identify your own interests and preferences.

4 Monitor metrics and indicators

A fourth way to stay updated with DeFi trends is to monitor metrics and indicators that reflect the performance and health of the DeFi sector. These can include data on total value locked (TVL), transaction volume, fees, interest rates, liquidity, governance, and risk. You can use various dashboards and analytics tools to track and visualize these metrics and indicators, such as DeFi Llama, Dune Analytics, DeBank, and Zapper. By monitoring metrics and indicators, you can spot patterns, trends, and opportunities in DeFi, as well as assess the risks and rewards of different DeFi strategies.

5 Keep an open mind and be curious

A fifth way to stay up-to-date with DeFi trends is to keep an open mind and be curious. DeFi is a diverse and complex domain, with many different perspectives, approaches, and innovations. You may not agree or understand everything that happens in DeFi, but you can always learn something new and valuable. By keeping an open mind and being curious, you can embrace the diversity and complexity of DeFi, as well as the challenges and opportunities that come with it.

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?