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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)$88,468.000.19%
  • ethereumEthereum(ETH)$3,000.150.82%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$857.400.56%
  • rippleXRP(XRP)$1.92-0.40%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$125.910.15%
  • tronTRON(TRX)$0.2882172.64%
  • staked-etherLido Staked Ether(STETH)$3,001.730.94%
  • dogecoinDogecoin(DOGE)$0.130918-0.79%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$88,468.000.19%
  • ethereumEthereum(ETH)$3,000.150.82%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$857.400.56%
  • rippleXRP(XRP)$1.92-0.40%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$125.910.15%
  • tronTRON(TRX)$0.2882172.64%
  • staked-etherLido Staked Ether(STETH)$3,001.730.94%
  • dogecoinDogecoin(DOGE)$0.130918-0.79%