LEDGER FOR REAL

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

How Terra's UST and LUNA Imploded - Decrypt

Death SpiralWhat Happened to LUNA & UST?

Amid The Craziest Week In

The Death Spiral: How Terra’s Algorithmic Stablecoin

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

'Everything broke': What happened in the Terra Luna

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

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

What Terra's Crash Means For Crypto and Beyond

Their Activity Caused The Linked

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

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

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

This

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

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