On the X platform, KOL Wazz has posted stating that Alameda Research's primary source of profit used to be DeFi liquidity mining. Wazz mentioned that in 2021, SBF had indicated in an interview that he allocated 80% of Alameda's funds to Yield Farming because it was the “easiest way to make money.”
Alameda Research had previously invested $5 billion in DeFi liquidity mining without conducting thorough due diligence, hastily authorizing pool2 contracts for various projects.
Additionally, Alameda consistently earned profits ranging from $2 million to $4 million in each Binance Launchpad listing, and they also received daily rewards of 3 million DYDX tokens.