🧵 4. Caution: DeFi's extreme volatility. Deposits went from $17.3 billion (Jan 2021) to nearly $178 billion (Dec 2021), then dropped below $40 billion (Dec 2022).
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🧵 4. Caution: DeFi's extreme volatility. Deposits went from $17.3 billion (Jan 2021) to nearly $178 billion (Dec 2021), then dropped below $40 billion (Dec 2022).