At the Digital Asset Summit in New York, Aave Labs founder Stani Kulechov and Ethena CEO Guy Young stated that crypto finance is gradually offering stable, predictable returns similar to bonds or savings products, with the ability to lock in returns in volatile markets. Guy Young mentioned that Pendle offers a swap between fixed and floating interest rates, allowing users to switch between more stable or more variable returns, but predicting market movements three months in advance remains difficult in the crypto market. Stani Kulechov pointed out that Aave acts as a liquidity hub by providing deep capital pools, helping new DeFi products launch. He also stated that current DeFi returns still primarily rely on trading and leverage, but future returns will come more from on-chain traditional financial assets and asset tokenization. (CoinDesk)