DeFi
dYdX Insurance Fund Depletes by $9 Million Due to YFI Dump
dYdX, a decentralized exchange (DEX), had to use 40% of its $22.5 million insurance fund to cover losses from the 40% price dump of the YFI token. Image: dYdX Insurance Fund Depletes by $9 Million Due to YFI Dump One of the most talked-about tokens in the crypto community