Decentralized finance (DeFi), continues to be affected by market volatility, and the after-effects from the collapse of the ecosystem. Major DeFi protocols have shown signs of an increase in trading activity over the last week. They even crossed the $1 trillion mark for trading volume.

Terra remained at the center of many discussions surrounding blockchain and cryptocurrency during the event World Economic ForumAnalysts suggested that Terra wasn’t offering sustainable yields. Terra collapsing, the DeFi insurance protocol will cover millions of dollars in interest. Name services(ENS) broke new records

WEF 2022 – Terra had unsustainable yields. DeFi supports financial inclusion

InsurAce says it will pay millions to claimants after Terra’s collapse

Uniswap breaks $1T in volume — but has only been used by 3.9M addresses

Interest in Ethereum Name Service reaching ‘critical mass’

Overview of the DeFi Market