Exploit-Driven TVL Drop Pushes DeFi Leverage Back to 2021 Levels
On-chain leverage ratio throughout Decentralized Finance (DeFi) has climbed to ranges final seen in 2021, in accordance to Binance Research. While the metric could recommend elevated threat, the rise was pushed largely by a decline in whole worth locked (TVL) moderately than a surge in borrowing demand. What Pushed DeFi Leverage to 2021 Levels The…
