65
edits
Difference between revisions of "LUNA Collapse in May 2022"
no edit summary
0xBigDaddy (talk | contribs) |
0xBigDaddy (talk | contribs) |
||
| Line 26: | Line 26: | ||
TVL for the entire DeFi industry declined by over 50%. | TVL for the entire DeFi industry declined by over 50%. | ||
As wider concerns for the health of stablecoins spread in the markets, Curve Finance saw a lot of traders swapping away from Tether's USDT. Another algorithmic stablecoin called USDN also fell to as low as $0.78.<ref>https://blockworks.co/how-will-ust-crash-impact-other-stablecoins/</ref> | |||
== Sources == | == Sources == | ||
<references /> | <references /> | ||
[[Category:History]] | [[Category:History]] | ||