Are Builders Starting to Re-Focus on Real Yield Again?

During the last yr, DeFi has skewed closely towards high-risk strategies: restaking layers, factors farming, and speculative airdrops.

I discovered a more moderen protocol these days and have been watching it intently as a result of the whitepapers and group seem legit after it came to mind while reading one other publish about actual yield. It's referred to as Cicada Finance, it's primary narrative appears to be specializing in RWAs and ETH-denominated yield sourced from real financial activity, without emissions, points, or complicated incentive buildings.

That raised a broader query for me: are we beginning to see a return to fundamentals in DeFi? Are more builders taking a look at sustainable, clear yield again, or is this still a niche course?

Would love to hear from others when you’re seeing comparable patterns or working on something in this lane.