Piñeiro Chousa, Juan RamónŠević, AleksandarGonzález López, Isaac2023-03-102023-03-102023Journal of Business Research, 158 (2023) 113673. https://doi.org/10.1016/j.jbusres.2023.1136730148-2963http://hdl.handle.net/10347/30293In our study, we have evaluated the impact of tweets, social indicators, uncertainty, and attention indices on the selected variables calculated from a pool of 51 decentralised finance entities. In so doing, we have identified some evidence that returns are impacted by tweets, but not by social indicators that appear to be more relevant for volatility. We have further confirmed that the S&P500 Index negatively influences cryptocurrency returns, which means that these two asset classes are substitutes. Uncertainty and attention indices are relevant in determining returns and the alternative measurement of volatility. However, they remain insignificant for illiquidity and our initial volatility choiceeng©2023 The Author(s). Published by Elsevier Inc. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by- nc-nd/4.0/)Attribution-NonCommercial-NoDerivatives 4.0 Internacionalhttp://creativecommons.org/licenses/by-nc-nd/4.0/Decentralized FinanceDeFiCryptocurrenciesUser-generated contentInvestor attentionTwitterSocial indicatorsUncertaintyjournal article10.1016/j.jbusres.2023.113673open access