DeFi sector lost $100 billion in liquidity due to the LUNA cra | CryptoFOMO
DeFi sector lost $100 billion in liquidity due to the LUNA crash
Terra itself lost about $30 billion. At its peak, Terra blockchain had (https://defillama.com/chain/Terra)$31 billion in crypto money locked up. It's now $278 million.
Confidence in any DeFi has plummeted. Investors are going back to the 2018-2019 concept: BTC and ETH top, the rest SCAM.
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