Kaiko Research: DeFi tokens such as UNI may perform well in the second half of 2025 "
Internet reports that Adam McCarthy and Dessislava Aubert, research analysts at cryptographic data firm Kaiko Research, wrote in a report that DeFi tokens may perform well in the second half of 2025. The company's DeFi Index (KSDEFI) has surpassed Ethereum (ETH) since its launch in October 2023, with a return of approximately 75% during this period. The index consists of 11 DeFi tokens, with the highest weights being UNI, AAVE and ONDO. At least four of these tokens have strong downwind advantages for the rest of the year, the report said. "As several assets in the index benefited from strong tailwinds, this excellent performance is likely to continue into the second half of 2025," the report said. This trend highlights the decline in the correlation between the DeFi index and ETH over time, as the decentralized financial sector continues to expand beyond the Ethereum ecosystem."
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