• Written by: Cointelegraph By Jordan Finneseth
  • Wed, 11 May 2022
  •   United States

Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options.

Terra contagion leads to 80%+ decline in DeFi protocols associated with UST