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DeFi Locked Value Falls to Yearly Low, $27B Lost Over the Weekend

The drop is likely due to falling token prices and risk-off sentiment in the broader market, analysts said.

Updated May 11, 2023, 5:25 p.m. Published May 9, 2022, 11:24 a.m.
A dam with rushing water (Rahul Pabolu/Unsplash)
A dam with rushing water (Rahul Pabolu/Unsplash)