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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: crypto1010 on March 03, 2020, 12:36:59 PM



Title: Capital Flow After BZX Exploits
Post by: crypto1010 on March 03, 2020, 12:36:59 PM
https://preview.redd.it/t6gqprxkbgk41.jpg?width=1280&format=pjpg&auto=webp&s=be35e20c255a0654c6e28a1df52b06e678c5c145

Only 2 weeks ago, DeFi was growing at a phenomenal pace, with locked value blazing past the $1B milestone and reaching an ATH of $1.2B.

After the bZx exploits, however, the value locked in DeFi plummeted below the coveted $1B mark; the 22.1% crash landed the segment at $926.7M. The locked value is significantly lower in all but 2 of the top 10 DeFi apps. This has helped the two outliers, Aave and Compound, significantly extend their market share in the DeFi pie.


Title: Re: Capital Flow After BZX Exploits
Post by: casperBGD on March 03, 2020, 12:49:39 PM
bZx news are influencing the market, and Compaund is obviously taking some share on the market, but i do not see for Aave that their share is big enough to be influential, they were just above 1%, and now they are close to 2%, which is also low market share