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Solana DeFi protocol Everlend shuts down over liquidity issues

With FTX’s ripple effect on market liquidity, Everlend is closing its doors and urging clients to withdraw funds.

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Solana DeFi protocol Everlend shuts down over liquidity issues

With FTX’s ripple effect on market liquidity, Everlend is closing its doors and urging clients to withdraw funds.

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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