I moved a chunk of my defi yield stack into tokenized treasuries last month

The author shifted 40% of their DeFi yield portfolio into tokenized U.S. Treasury products like BUIDL and USDY (Ondo), citing safer returns (4.3% APY) and reduced risk compared to DeFi's volatile yields. They note the growing dominance of tokenized real-world assets (RWA) over DeFi TVL and the erosion of DeFi's yield advantage as institutions like BlackRock and JPMorgan enter the space.