How DeFi reacts to market volatility: liquidation performance and valuation reflexivity

Starting from March 12th to March 23rd, there was a significant price drawdown in the crypto markets. BTC price decreased from $59,500 to $30,000 (-49.5%) and ETH dropped from $4,830 to $1,860 (-57.5%).  As a result of leverage being flushed out of the market, the total open interest of Bitcoin futures almost halved during that […]

Source: https://www.theblockcrypto.com/research/106235/how-defi-reacts-to-market-volatility-liquidation-performance-and-valuation-reflexivity?utm_source=rss&utm_medium=rss