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DeFi plummets: 3 reasons for the 46% correction from YFI, UNI, DEX tokens

DeFi plummets: 3 reasons for the 46% correction from YFI, UNI, DEX tokens

After outperforming Bitcoin ( BTC) and Ether ( ETH) strongly in August, Decentralized Finance (DeFi) tokens are now plummeting as many registered losses of up to 50%. Cryptocurrency daily market performance snapshot. Source: Coin360 At the moment, the two coins garnering the most attention are Yearn.finance ( YFI) and Uniswap ( UNI) as both have dropped by 46% and 48% since reaching a monthly peak.







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