DeFiBearishThe Defiant · 6h ago7/10
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DeFi Contagion Spreads Beyond Aave as LayerZero, Lido, Ethena Suffer Sharp Declines: Santiment
Multiple DeFi tokens including AAVE, ZRO, LDO, and ENA experienced sharp declines of 10–22% as market participants repriced risk across interconnected DeFi protocols following a significant bad debt event. LayerZero faced particular scrutiny, with market pricing suggesting it bears comparable responsibility to the originating lender, highlighting the systemic risks embedded in DeFi's composability.
$AAVE