Along with LUNA, The Terra DApps Plummets $31 Bn TVL
It's not just a crisis in LUNA; DeFi procedures on Terra protocol suffered a significant drop, with losses ranging from 93% to 100% in a month since April's all-time high.
According to the data, the total value locked (TVL) in the Defi protocol on Terra has fallen by USD 139.27 which is over 2% down in the previous 24 hours.
Terra Defi Apps had a $ 31.21 billion TVL on April 5, when LUNA hit a new high. According to sources, the greatest TVL in Terra Defi applications was valued at $31.35 billion on April 6.