Financial Analyst: Ethereum DeFi Is Becoming an “Unstable” System

Financial Analyst: Ethereum DeFi Is Becoming an “Unstable” System

Ethereum’s decentralized finance space has seen exponential growth over recent weeks and months. According to data site DeFi Pulse, there is now $6.65 billion worth of cryptocurrency locked in so-called DeFi protocols. This same metric was closer to $500 million at the start of the year and around $1 billion in March.

Related Reading: Crypto Tidbits: MicroStrategy’s $250m Bitcoin Purchase,…

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