CryptoGlobe
2020-10-05 16:19:00

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

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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