BTC logo
BTC
$107,960.11
2.94%
ETH logo
ETH
$3,858.42
2.83%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,142.43
2.28%
XRP logo
XRP
$2.3245
3.57%
SOL logo
SOL
$185.32
4.78%
USDC logo
USDC
$1.0000
0.00%
TRX logo
TRX
$0.3165
0.20%
DOGE logo
DOGE
$0.1873
5.29%
ADA logo
ADA
$0.6424
4.14%
HYPE logo
HYPE
$37.10
6.04%
USDE logo
USDE
$0.9998
0.03%
LINK logo
LINK
$17.39
3.80%
BCH logo
BCH
$506.56
3.39%
XLM logo
XLM
$0.3110
4.42%
SUI logo
SUI
$2.5475
5.89%
LEO logo
LEO
$9.6009
0.19%
AVAX logo
AVAX
$20.72
5.88%
WBT logo
WBT
$41.13
2.40%
HBAR logo
HBAR
$0.1709
5.31%
BTC logo
BTC
$107,960.11
2.94%
ETH logo
ETH
$3,858.42
2.83%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,142.43
2.28%
XRP logo
XRP
$2.3245
3.57%
SOL logo
SOL
$185.32
4.78%
USDC logo
USDC
$1.0000
0.00%
TRX logo
TRX
$0.3165
0.20%
DOGE logo
DOGE
$0.1873
5.29%
ADA logo
ADA
$0.6424
4.14%
HYPE logo
HYPE
$37.10
6.04%
USDE logo
USDE
$0.9998
0.03%
LINK logo
LINK
$17.39
3.80%
BCH logo
BCH
$506.56
3.39%
XLM logo
XLM
$0.3110
4.42%
SUI logo
SUI
$2.5475
5.89%
LEO logo
LEO
$9.6009
0.19%
AVAX logo
AVAX
$20.72
5.88%
WBT logo
WBT
$41.13
2.40%
HBAR logo
HBAR
$0.1709
5.31%
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DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop

A large drop in the price of ether is testing the feasibility of Ethereum's entire system of lending and borrowing.

By Brady Dale, William Foxley
Updated Sep 14, 2021, 8:18 a.m. Published Mar 12, 2020, 6:40 p.m.
PRECARIOUS: If MakerDAO were to shut down, the crypto market would be flooded with some 2.4 million ETH even as the asset’s value plummets amid broader market turmoil. (Credit: Shutterstock)
PRECARIOUS: If MakerDAO were to shut down, the crypto market would be flooded with some 2.4 million ETH even as the asset’s value plummets amid broader market turmoil. (Credit: Shutterstock)