DeFi's Daily Volume Hits Seven-Month Low Amidst Industry Struggles and Hacks

07/26 23:25

The DeFi sector of the crypto market is currently facing a downturn, with daily trade volume dropping to levels not seen in seven months. This decline in activity has raised concerns among investors and analysts about the future prospects of DeFi. The total value locked for all DeFi protocols has also decreased, with several protocols experiencing outflows and losses due to hacks and attacks.
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