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Analysts identify 3 critical flaws that brought DeFi down

June 30, 2022 by DIGIT
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Poor risk management, insufficient revenue and the overuse of leverage are the core reasons why DeFi is crumbling.

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Categories Cryptocurrencies, leverage, Markets, Ponzi Scheme
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  • bitcoinBitcoin(BTC)$89,323.00-2.96%
  • ethereumEthereum(ETH)$3,018.05-4.32%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-2.81%
  • binancecoinBNB(BNB)$879.89-2.12%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.26-4.19%
  • tronTRON(TRX)$0.2877120.36%
  • staked-etherLido Staked Ether(STETH)$3,019.76-4.24%
  • dogecoinDogecoin(DOGE)$0.138826-5.19%