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Arthur Hayes is optimistic about four major DeFi projects, predicting that the bull run will last until 2028.
[Coin World] Today, at the WebX 2025 conference held in Tokyo, Japan, Arthur Hayes, co-founder of a certain exchange platform and Chief Investment Officer of Maelstrom, expressed special attention to four projects: Ethena, Hyperliquid, Ether.Fi, and Codex. These platforms not only provide yield opportunities for stablecoin holders but also realize financial services that the traditional financial system cannot implement. Arthur Hayes also stated that the current bull run may continue until 2028. By then, the supply of stablecoins is expected to reach $10 trillion, and the federal funds rate is projected to drop to 2%. During this period, DeFi projects are anticipated to receive large-scale capital inflows. Investors should follow the migration of funds from centralized exchanges to decentralized platforms, as well as the expansion of new financial services within the stablecoin ecosystem.