2min chapter

The Defiant - DeFi Podcast cover image

Weekly Recap: Metamask is Tracking You

The Defiant - DeFi Podcast

CHAPTER

FTX

FTX had Bitcoin in kind of in BitGo or in they had exchanged Bitcoin for a rapid, wrapped BTC. And now they are trying to redeem that and that's causing this congestion. It's one of the factors according to what he said. But I mean, I took a look at the curve pool Tri-Crypto, which is one of like the oldest and most popular pools, right? And it's still pretty well balanced, about 32% BTC, ETH and USDT. So it doesn't look like people are bailing on WPDC, at least in DeFi for now.

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