How a ‘price discrepancy’ resulted in millions lost from DeFi protocols






Terra’s total value locked suffered a major fall, losing as much as $14 billion, amid the de-pegging fiasco resulting in reduced DeFi investor interest and a bearish market. The protocol lost around 78% in TVL since the first quarter of 2022. De-pegging of UST, the protocol’s stablecoins made the situation worse. Following this, different other […]

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