Category: yfi comp aave defi ethereum

YFI, AAVE, COMP plunge 10% — 3 reasons DeFi is seeing a huge correction

YFI, AAVE, COMP plunge 10% — 3 reasons DeFi is seeing a huge correction

Major decentralized finance (DeFi) tokens Yearn.finance (YFI), AAVE and Compound (COMP) plunged steeply in the last 24 hours. The three DeFi tokens, which are valued well over $500 million, declined by over 10% on the day. Yearn.finance, AAVE, COMP 15-minute chart (Binance). Source: TradingView.com Three reasons why DeFi-related cryptocurrencies pulled back particularly hard are low volume, […]

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