The following are the The market is still reeling from lossesThe (LUNAUST (and LUNA) debacle. DEI, a stablecoin, was used as a collateral mechanism to third-party instruments that were built on the Fantom.FTMProtocol DEUS Finance (DEUS) – Decentralized Finance protocol DEFi (DeFi), failed to keep its dollar peg and fell below $0.60 on Monday.

DEI’s price dropped to $0.52. Its market capitalization fell from close to $100 million, down almost 100 million, and then back up again, falling to approximately $52million. However, despite the depegging of its stablecoin, DEUS Finance’s governance token, DEUS, went up from $163.40 to $327.28, before falling to $255.36.