Recently launched DeFi indexes slumped to record lows this past week, with Binance Futures’ DeFi Composite Index crashing 20% yesterday. The index has now fallen 63% from its first day of trading in late August.

TokenSet’s DeFi Pulse Index (DPI) also fell 20% yesterday, slumping to tag a record low of $71 — posting a near 50% retracement since launching four weeks ago.