Rugpull
Terra
2022
Hall of Fame
Terra/Luna Rugpull
Algorithmic stablecoin UST lost its peg, causing a death spiral that erased tens of billions in value.
Event date: 2022-05-09
Sources
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Key Facts
Peak metric$60B ecosystem TVL
OutcomeChain forked; legal probes
ChainTerra
Year2022
Typerugpull
Tags
stablecoin
defi
systemic-risk
View Chart
External price/performance context for the historical event.
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Milestone
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