Why do many people fail to make money during a bull market? The reason is actually simple — they only look at the return rate but ignore the key variable of financing costs.

In volatile markets, those who can survive long-term rely not on short-term profits but on how cheap borrowing is. Imagine leveraging a 15%-20% stable return with only 1% financing costs; this itself is a systemic advantage.

This is why high TVL lending protocols are so popular in DeFi. For example, a leading stablecoin lending protocol with over $4.3 billion in liquidity pools has driven borrowing costs down to the lowest in the industry. When market liquidity is abundant, this advantage becomes a replicable and sustainable profit engine.

In contrast, strategies chasing 20% or 30% APY often carry higher risks and can be liquidated with slight fluctuations. Financial methods based on low financing costs are entirely different —

Less volatility, better sleep; clear logic, suitable for long-term rolling; stable and reliable, not dependent on luck. These features make professional funds particularly favor such strategies.

If you are looking for a way to earn substantial returns without constantly monitoring the market, it’s worth spending time studying the structural design of DeFi lending. True wealth growth often hides in these "insignificant" details.