According to IntoTheBlock, monitoring the pegs of yield-bearing stablecoins is crucial, as these coins can lose their peg during severe market stress or if their collateral becomes volatile or insufficient. IntoTheBlock suggests using their Risk Pulse tool for effective monitoring. This is essential for traders to mitigate risks associated with potential depegging events.

According to IntoTheBlock, the new Risk Pulse feature provides users with powerful risk alerts for their DeFi positions across various leading protocols. This tool is designed to facilitate easier tracking of risk, enabling traders to make informed decisions by staying updated on potential risks in real-time. The implementation of Risk Pulse could lead to more strategic trading approaches, as traders can better anticipate and mitigate potential losses in the volatile DeFi space.