DeFi Tokens See Wild Price Swings Amid Market Volatility
Decentralized Finance (DeFi) tokens are seeing significant price fluctuations. According to Yellow.com, Lido Staked Ether (STETH) is down 9.16% in the last day and 16.78% in a week, trading at $2,456.27.
Hyperliquid is up 0.40%, while Wrapped stETH is also down 9.19%. Other notable movers include Rain, which has lost 3.63% over the past day, and LINK, Chainlink's token, which is down 1.80% in a week at $11.55.
In contrast, some DeFi tokens are seeing gains. Bitway is up 5.70%, while Olympus' OHM token has increased by 0.40%. The price of Ethereum (ETH) on the Ethereum.fi platform is trading at $0.722797.