Coinbase-Backed Crypto Perps Exchange Satori Finance Is Shutting Down
Perps DEX Satori Finance is the latest in a string of crypto firms forced to shut their doors amid an extended market downturn.
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The closure of Satori Finance highlights the volatility and financial challenges in the DeFi space, emphasizing the need for sustainable models. The post Satori Finance DEX winds down after burning through $10M in seed funding appeared first on Crypto Briefing.
Read full articlePerps DEX Satori Finance is the latest in a string of crypto firms forced to shut their doors amid an extended market downturn.
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The decline in DeFi fees highlights potential liquidity risks and underscores the importance of monitoring borrowing demand for market recovery. The post DeFi lending and DEX fees fall 65% after June selloff appeared first on Crypto Briefing.
Fees fell as much as 65% week over week across the largest lending protocols and decentralized exchanges.
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