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Market Cap:
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Bitcoin Bitcoin Share: 60.51%
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CoinGape
2022-06-13 07:25:59

Celsisus, Staked Ethereum (stETH) Are Pummeling DeFi Valuations

Celsisus, Staked Ethereum (stETH) Are Pummeling DeFi Valuations

The DeFi space is facing a sharp drop in valuation amid concerns over the Celsius suspension and the Lido-staked Ethereum (stETH) de-pegging. Data from aggregator DeFi Llama shows that the total value locked into DeFi shrank by nearly 20% in the last 48 hours, to a one-year low of $79 billion. A mix of factors The post Celsisus, Staked Ethereum (stETH) Are Pummeling DeFi Valuations appeared first on CoinGape.

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