CeFiRun or CeFiBankRun is an economic process where custmers loses trust in custodial crypto service providers with non-transparent balance sheets (typically characterized as CeFi or CeDeFi). Losing trust can result a mass withdrawal of tokens for which some providers are not prepared causing a freeze in customer funds (due to custodiality it is possible). Freezing publicaly funds at one crypto service provider might cause a panic on the market resulting that customers try to withdraw funds from all the similar providers resulting eventually in an escalating short-term economic collapse of the given segment.
#CeFiRun #CeFiBankRun
