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> 20% isn't that great. You can get 15% on basic blackrock/vanguard funds.

There’s a massive honking difference between a guaranteed 20% derived from lending fees versus potential market returns of 15%.

Note that "guaranteed 20%" is just a promise of 20% if it does not collapse. It's more like or "up to 20% or less".

The change in my net worth doesn't care where the money comes from.

Celsius is not even a DeFi platform. It is some company that was promising users high yields without providing any transparency about how the deposited funds were invested.

Also, a lot of the rewards were paid out in Celsius’ own token (CEL) which is now almost worthless.

The risk/reward ratio was definitely not very good.

What is a 'crypto hyper-bull?'

Very enthusiastic about the future and positive return on crypto.