Most DeFi yield products have extremely high beta to crypto volatility because they generate yield by looping digital assets.
@James__Friel says their products are the opposite.
Fidelity Total Bond: 4,500+ bonds, 80% investment grade, completely non-correlated to digital asset volatility. BlackRock CLOA: highest CLO tranche, diversified corporate borrowers.
When crypto sells off, these don't move with it.