Q1 Leverage Restructuring: DeFi Recovery, CeFi Expansion, and Treasury Debt Increase

Leveraged Restructuring in Q1: $DeFi Market Recovery, CeFi Market Quiet Expansion, Increase in Treasury Debt. This article first introduces the overall background of the leveraged market in the first quarter, then provides a detailed analysis of the recovery of the Decentralized Finance ($DeFi) market, as well as the discreet expansion of the Centralized Finance (CeFi) market. Finally, the article discusses the growth of treasury debt and its potential implications.