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Binance’s DEFI Composite Index Lost over Half Its Value in Less Than a Month (Cryptoglobe)

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Cryptocurrencies associated with decentralized finance (DeFi) protocols have been rapidly losing value over the last few weeks, so much so Binance’s DEFI Composite Index is down over 50% since it was first launched. As Decrypt reports, the index launched by Binance is calculated using weighted averages of a basked of tokens associated with decentralized finance
Cryptocurrencies associated with decentralized finance (DeFi) protocols have been rapidly losing value over the last few weeks, so much so Binance’s DEFI Composite Index is down over 50% since it was first launched. As Decrypt reports, the index launched by Binance is calculated using weighted averages of a basked of tokens associated with decentralized finance […],

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