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christiancmrg

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  1. Due to a pullback in Yearn finance and Aave this may be indicating that the DeFi market may be oversold. One truth is that during the past month the cryptocurrency market has had great volatility. At the same time the defi system has been on a huge uptrend as the total value locked on DeFi platforms exceeded USD 10 billion, but very important news such as the unexpected result in the COVID19 test of the President of the United States, Donald Trump, has put greater pressure on the defi market. If a project's TVL is stable and earnings are increasing, a significant price drop probably means extreme caution in the DeFi market. Similarly, Uniswap and Aave posted a sharp drop in their price, while both posted an increase of more than 235% in their revenue.
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