DeFi protocols show resilience despite this week’s macro crash: IntoTheBlock

DeFi protocols demonstrated resilience during this week's market crash, with Aave facing its largest liquidations ever amounting to $300 million on Ethereum mainnet. According to IntoTheBlock, most of the liquidations happened from stablecoin loans against wstETH collateral, the wrapped liquid staking token offered by Lido.Aave liquidations volume by asset. Image: IntoTheBlockDespite ETH... source: https://cryptobriefing.com/defi-market-resilience-tested/