Aggressive sales in the crypto market have dealt the most painful blow to the decentralized finance (DeFi).

Constantly falling rate of bitcoin drags to the bottom and the whole altcoin market. Definitely, last week we saw another confirmation of this.

A whole line of DeFi-tokens has suffered losses in the last 24 hours, which calculated as two-digit values. These include LEND, CRV, UNI, SUSHI, BAL, UMA, KAVA, REN, SNX, SWRV and YFI.

Meanwhile, the capitalization of DeFi market suffered most for quite understandable reasons. Over last couple of months, this particular segment shown the most dizzying growth. According to data, total dollar value of assets blocked on all DeFi platforms (TVL) reached record high $ 13.2 billion. 

Meanwhile, the fundamentals BTC, ETH and DeFi continue to be strong in themselves.

Also, we should not forget that corrections in the market are a completely natural and inevitable phenomenon, especially after a period of long growth.