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Benzinga
Benzinga
Business
Murtuza Merchant

DeFi Has Lost 45% of Its Value Since April End: DappRadar

DeFi DappRadar Terra LUNA Crypto blockchain

With the collapse of the former second-largest DeFi ecosystem – Terra and the crash of the associated LUNA token having accentuated the bear season that still affects the crypto landscape, DeFi has lost 45% of its value since the end of April, according to a report.

DappRadar’s Blockchain Industry Report for May 2022 states that since the (CRYPTO:Terra) halt, (CRYPTO: BTC) and (CRYPTO: ETH) have lost 25% and 40% of their value.

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