Figure 3
Two scatterplots share a time x-axis from 2019 to 2025 and a period y-axis in days. Left scatterplot: RWWQGC: LINK + FSI; significant values at various p-values across different periods. Right scatterplot: RWWQGC: FSI + LINK; significant values at various p-values across different periods.Time-frequency-quantile causal associations between FSI and DeFi. The window size is 250 and the step size is 10