DeFi Intel

After DeXe’s 85% Price Crash, Is Injective Next? DeFi Liquidity Rotation Accelerates

DeXe's DEXE token gave back more than 85% of an early-July rally, falling from above $49 to about $4.64, with Santiment attributing the drop to profit-taking after roughly 261,000 DEXE moved to exchanges. Injective saw the second-largest DeFi exchange inflow at 1.8 million INJ, while Curve and Uniswap recorded outflows.

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