Quick TakeIn this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and fundingUnderlying risks in the crypto economy are being exposed at an alarming rate as on-chain activities by troubled lender Celsius and the hedge fund Three Arrows Capital reveal the cascading effects of forced selling in the Ethereum ecosystem and beyondAs valuations in the market continue to shrink, users are starting to look cross-chain in their search for the best sources of on-chain liquidityMeanwhile, TRON faces a major test with the depegging of USDD from USD
