💥 Gate Square Event: #PostToWinFLK 💥
Post original content on Gate Square related to FLK, the HODLer Airdrop, or Launchpool, and get a chance to share 200 FLK rewards!
📅 Event Period: Oct 15, 2025, 10:00 – Oct 24, 2025, 16:00 UTC
📌 Related Campaigns:
HODLer Airdrop 👉 https://www.gate.com/announcements/article/47573
Launchpool 👉 https://www.gate.com/announcements/article/47592
FLK Campaign Collection 👉 https://www.gate.com/announcements/article/47586
📌 How to Participate:
1️⃣ Post original content related to FLK or one of the above campaigns (HODLer Airdrop / Launchpool).
2️⃣ Content mu
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.