High-risk DeFi loans surge after US election as crypto market rallies

High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million.

Cryptocurrency loans are soaring in value, marking a potential warning sign for crypto markets amid post-election investor optimism.

“High-risk” decentralized finance (DeFi) loans have soared following the United States presidential election, according to data shared by IntoTheBlock, in a Nov. 6 X post.

High-risk DeFi loans are collateralized by volatile assets that are within 5% of their liquidation threshold, and they are often used by investors to capitalize on potential price volatility.

Read more

About the author

Text Widget

Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.

Recent Works