Price action following the COVID crash saw DeFi outperform pretty much every asset.

How Far We’ve Come It’s hard to believe two years have gone by since COVID-19 upended our world....How Far We’ve Come It’s hard to believe two years have gone by since COVID-19 upended our world.

...appears to be relatively healthy, while US households are >$40 trillion wealthier than they were pre-COVID...If US M2 growth were to revert back to just 50% of its pre-COVID annual average growth rate, that would...If we saw a full reversion back to its pre-COVID average, we’re talking $4-5 trillion of US M2 growth...

Historically speaking, this rarely occurs, and hasn’t happened since the COVID capitulation in March...

...multiple has gone below 0.50 only 4 times: during the previous market bottoms of 2015 and 2019, the Covid-induced...

We witnessed its power during the post-COVID bull run, and now again in the subsequent bear market....The explosion in liquidity in the aftermath of COVID also led to a sharp rise in institutional inflows...

Largest VIX move since COVID, GFC —> one of the largest one-day spikes in implied volatility (VIX)...perspective, this recent meltdown saw equity market volatility jump to levels last seen during the COVID...

We all know how aggressive monetary and fiscal policymakers were in the aftermath of COVID-19 as they...The endgame hasn’t changed, and we’ve been harping on the impact of COVID as an accelerant for a while...

MATIC experienced a monumental run of over 45,000% from its COVID low....Doge Everyone’s favorite meme coin, DOGE, experienced an incredible run of 64,000% from its COVID lows...

We witnessed its power during the post-COVID bull run, and now again in the subsequent bear market....The explosion in liquidity in the aftermath of COVID also led to a sharp rise in institutional inflows...The last two major recessions pre-COVID both saw significant drawdowns in the equity market that pushed...

If those are lost as well, there is minimal market structure support until we reach the pre-Covid highs...only witnessed a value under .50 during five timeframes: the previous bottoms of 2015 and 2019, the Covid...And if you excuse the two-week Covid capitulation outlier, it had never closed beneath it for consecutive...

The plot of act I was the culmination of policy responses to the post-COVID flash recession — massive...country continues to grapple with significant headwinds (some of which are self-induced, e.g., zero-COVID...liquidity — and will likely take further action to prop up growth (especially as the rapid spread of COVID...

In fact, the Covid capitulation in March 2020 marked the most recent occurrence prior to 2022.

Political elections and COVID-19 statistics have proven to be fantastic use cases for exotic markets,...This strategy worked well at times, with the 2020 election and COVID-19 anchoring Polymarket’s breach...As we’ve seen with Polymarket, events such as the World Cup, COVID-19, and political elections offer...

However, this is the longest BTC has remained below its 200 weekly average, surpassing even the Covid...

...a glimpse at the tip of the iceberg as the banking sector faces its toughest challenge of the post-COVID...were taking serious hits to their top line revenue (and their profitability) as the world went into COVID-induced...coincided with one of the largest increases in household net worth on record, driven by the massive post-COVID...

...were paying a staggering -0.263%, breaking the previous record of -0.157%, set during the Mar 2020 covid...

...collapse of LUNA sent LTC down to roughly $40.3, coinciding with the monthly close during the 2020 COVID...

...only witnessed a value under .50 during four timeframes: the previous bottoms of 2015 and 2019, the Covid...If you excuse the two-week Covid capitulation outlier, it has never closed beneath it for consecutive...

If the macro backdrop continues to worsen, the pre-COVID market highs become increasingly more likely...