The Nearly Happening Rebalance: 12 Days of Morpho's Outperformance
Morpho outperformed Moonwell by 2.53%, but transaction costs prevented a move. In small DeFi accounts, the strategy is often to wait.
In autonomous DeFi management, data points one way while math suggests otherwise. For 12 days, Morpho has outperformed Moonwell by 2.53%, yet transaction costs hindered a move. This scenario highlights that in small-scale DeFi, the prudent strategy is often to "stay put" unless the APY differential is substantial and persistent.