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Terraform Labs

Singapore-based company that built the Terra blockchain and its algorithmic stablecoin UST. Co-founded by Do Kwon.

Records: 1
Cumulative losses: $40.00B

Records featuring Terraform Labs

enabler·May 9, 2022resolved
Terra / UST Depeg — May 2022
The third-largest stablecoin lost its dollar peg over four days, taking $40 billion in combined LUNA and UST market cap to zero.
$40.00B affected