Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi
DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Price Wobbles as Leverage Falls Ahead of CLARITY Vote and Fed Decision
Bitcoin open interest fell by 13.5% in 10 days, dropping from 321,497 BTC to 278,151 BTC even as the underlying price declined onl...
DeFi governance gap allows one wallet to request 98% of Ampleforth treasury’s USDC balance
Ampleforth, a DeFi protocol governed by FORTH token holders, saw Proposal 54 canceled on-chain before its voting window opened. Th...
Spark Liquidity Layer ranks as largest on-chain capital allocator with $2.5B TVL
The rise of Spark Liquidity Layer highlights DeFi's evolving integration with traditional finance, potentially increasing regulato...
A DeFi giant that once held $3 billion is now proposing to wind itself down
DeFi platform Balancer is proposing an orderly shutdown after a cost-cutting overhaul failed to revive revenue following last year...
Solana Treasury Firm DeFi Dev Corp Rolls Out $300M CHAD to Buy More SOL
DeFi Development Corp added another 55,491 SOL and opened a CHAD at-the-market program for its preferred stock, extending a fast-m...
DeFi stalwart Balancer mulls shutdown after $130M hack
Once a household name in the DeFi sector, decentralized exchange Balancer is considering calling it quits. In a proposal posted to...