Defi

Avalanche

<p>The post <a href="https://coinpedia.org/crypto-live-news/major-altcoin-selloff-causes-4-9b-liquidation-across-assets-defi-most-hit/">Major Altcoin Selloff Causes $4.9B Liquidation Across Assets, Defi Most Hit&nbsp;</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The recent market turmoil has created waves in the crypto landscape which has led to a staggering $455 million in liquidations. While the dominating BTC and ETH also couldn’t escape it, the Defi market faced an even harsher impact. The Defi market TVL dropped from $104.123 billion to $99.148 billion in a single day with an absolute decrease of nearly $5 billion. Avalanche faced a severe hit of 5.60%. Thorchain’s TVL fell over 29% in just 24 hours, which raised questions about the stability of the Defi sector. Major TVL wipeouts could push investors to become more wise, focusing on protocols with solid fundamentals and a strong user base.</p>

Major Altcoin Selloff Causes $4.9B Liquidation Across Assets, Defi Most Hit

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