⚡️ Flash Crash and the Resilience of the DeFi Market 💪
📉 On October 10, the announcement of American tariffs against China caused a sudden market crash that led to the liquidation of positions worth $19 billion across centralized and decentralized platforms.
🏦 Nevertheless, decentralized lending protocols such as Aave and Morpho demonstrated remarkable performance with minimal bad debts, thanks to smart automatic liquidations within seconds via smart contracts.
⚠️ However, risks remain in markets that rely on concentrated collateral with low-value assets or on high-volatility strategy funds.
💡 Lesson of the week:
DeFi has once again proven that decentralized finance is more resilient and transparent than traditional systems 🚀
Win with Binance:
#DeFi #Aave #Morpho #Crypto #Blockchain #Digital_Currencies #ضرار_الحضري