DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action...

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

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Source: Coindesk.com

The governance token of Pendle declined 20% earlier this week amid steep roll-off in the value of assets locked on the platform. AAVE, LDO also saw more than 10% price drops as a large investor moved $10 million of tokens to Binance.

Cryptocurrencies in the decentralized finance (DeFi) sector were hit

Read More https://www.coindesk.com/markets/2024/07/03/defi-tokens-plunge-10-20-led-by-pendle-amid-weak-crypto-price-action-this-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week" appeared first here Coindesk.com.

Source: Coindesk.com

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