Analysis
Performance (BTC vs. DeFi Basket)
There are different views on what assets should be in the DeFi index. Depending on which assets are included in DeFi, the picture of price-performance may look completely different.
Synthetix led the DeFi race with a massive +3,117% gain with ChainLink also performing well, earning +525.31% over the course of 2019.
I like the basket offered by @0x_Lucas, which includes equal weight of $ETH, $MKR, $SNX, $LINK, $ZRX, $KNC
2019 performance:
BTC: +86.44%
DeFi: +550.58%
2020 performance:
BTC: +28.9%
DeFi: +41.31% (top gainers are KNC +81.9%, LINK +58.4%)
DeFi Watchlist: https://cryptorank.io/watchlist/de02e9f496b4