About the Book
DeFi Yield Management explores how yield, risk, and portfolio theory intersect within decentralized finance.It is designed for portfolio managers, researchers, and builders who want to understand how to evaluate, compare, and manage yield opportunities in an on-chain environment. The book bridges traditional fixed-income concepts, such as duration, convexity, and present value with DeFi-native mechanisms like liquidity pools, staking derivatives, and governance incentives. Rather than offering trading advice or formulas, it proposes analytical frameworks and practical perspectives to navigate the rapidly evolving world of decentralized yield.
Structure
The book is divided into twelve chapters covering:- Yield mechanisms and sustainability
- Risk typology and mitigation
- Yield curve and duration in DeFi
- Portfolio construction and active management
- Performance measurement and benchmarking
Author
I am a portfolio manager specializing in DeFi strategies within a hedge fund environment.My work focuses on risk-adjusted yield, on-chain portfolio construction, and the intersection between quantitative finance and protocol design.
This book reflects several years of professional experience managing real capital across DeFi protocols, combined with an academic background in quantitative research.