Their activity caused the linked

The Fall of Terra: A Timeline of the Meteoric Rise and

Their activity caused the linked currency Luna to also crash in what is known as a “death spiral.” As of now, UST is worth 12 cents, and Luna is worth fractions of a

'Everything broke': What happened in the Terra Luna

The supply of LUNA has

Death SpiralWhat Happened to LUNA & UST?

The supply of LUNA has only been ballooning up of late. Yesterday, around thistime,over 1.46 billion tokens, were in circulation. However, during the early hours of Friday, the number was already up to 6.5 trillion. Meanwhile, the token lost more than 99% of its value and was worth merely $0. at press time. Alongside, Ver más

What Terra's Crash Means For Crypto and Beyond

Death Spiral Risk

Death Spiral Risk: When UST lost its peg, users could burn UST to mint LUNA. This led to LUNA hyperinflation, causing its price to plummet and further destabilizing

Anatomy of a Stablecoin’s failure: The Terra-Luna case

Amid the craziest week in crypto ever, the collapse of Terra's UST stablecoin and governance token LUNA emerged as the biggest story. Amid the crash, LUNA

This

How Terra's UST and LUNA Imploded - Decrypt

This “death spiral” effectively occurred to LUNA-UST on May 2025. Social media sources relates its origin to a “coordinated attack”, in which market actors strategically

The Timeline of UST's Collapse: Understanding the Failures and

The Death Spiral: How Terra’s Algorithmic Stablecoin

LUNA-UST death spiral: Is it time for Terra to accept its demise?