🟢 Daily ApyPulse | Apr 30 2026

The DeFi market is in a risk-on phase with high APYs (300K–800K%) driven by emissions games, capital rotation into platforms like Morpho and Base/Aerodrome, and TVL shifts out of 'safe yield' protocols like Lido and Spark. New chains (Monad, MegaETH) are launching early farm cycles, while yield crashes signal emissions exhaustion.