How Ethereum has put the DeFi market at risk

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Here's an analysis of how the market drawdown has affected the DeFi sector. What more could happen?

With the falling prices, DefiLlama revealed that another 20% aggregate decrease in value could take another $161 million out of the market.

Although 20% might seem like a lot, the press time market state does not take away the possibility. This is because more than half of the cryptocurrencies in the top 50 by market capitalization have experienced double-digit decreases in the last 24 hours.Interestingly, the Total Value Locked has not been exempt from the widespread gloomy picture of the market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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