💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
DefiLlama: Key metrics changed after the flash crash incident on October 11
After the rapid collapse on October 11, several key indicators in the DeFi ecosystem experienced significant volatility. The perpetual decentralized exchange (Perp DEX) saw a sharp fall in open interest, from 26 billion USD to below 14 billion USD. Meanwhile, lending protocols recorded fees exceeding 20 million USD, setting a new record.
The weekly trading volume of DEX also reached an unprecedented level, exceeding 177 billion USD. Borrowing on cross-chain protocols fell sharply, dipping below 50 billion USD for the first time since August. Additionally, the staking yield of stETH temporarily increased above 7%, reflecting the volatility and strong liquidity flow in the DeFi market.
These events demonstrate that DeFi is a dynamic space, changing rapidly, both posing risks and opening up opportunities for traders, lenders, and stakers. The flash crash event on October 11th has prompted market adjustments, affecting investor behavior, borrowing-lending trends, and trading activities across many protocols.