Liquid crypto funds have a DeFi problem nobody talks about

Liquid crypto funds are growing in popularity, but many managers rely on inadequate tools like spreadsheets and custom scripts to track complex portfolios spanning multiple exchanges, chains, and DeFi protocols. DeFi positions, unlike centralized exchange balances, are dynamic and multi-asset, making standard portfolio tracking systems obsolete. This lack of proper infrastructure prevents managers from answering basic questions about NAV and performance, which severely impacts their credibility with institutional LPs who expect institutional-grade reporting like clean Sharpe ratios and drawdown analysis.

The speed of DeFi innovation, with new protocols launching weekly, means manual integration is unsustainable. The author argues that Artificial Intelligence (AI) is now a practical necessity for automatically identifying, classifying, and accurately reflecting granular DeFi positions, allowing smaller teams to cover the vast DeFi landscape effectively.

Institutional infrastructure requires unified visibility across CeFi and DeFi, protocol-level intelligence to understand complex mechanics (like Pendle or Aave positions), professional LP-facing reporting, and integrated execution. The author promotes Renesis as a DeFi-native platform designed to solve these exact infrastructure gaps for fund managers.

(Source：CryptoSlate)