DeFi (Week 25, 20/06/2022 – 26/06/2022)
Solend users vote to limit a whale to avoid major liquidation. USDC tops USDT in the daily number of transactions but not in volume. Bancor pauses impermanent loss protection.
Key Takeaways
- Solend users, a Solana (SOL)-based DeFi platform, voted to limit the platform’s largest whale account to avoid a major liquidation event.
- USDC surpassed USDT‘s daily transactions on Ethereum (ETH). However, USDT maintained a significantly greater trading volume of US$55 billion against USDC‘s US$5.7 billion.
- Bancor (BNT) protocol paused its impermanent loss protection mechanism citing adverse market conditions.
- This week’s price index was positive at +31.68%, while the volume and volatility indices were negative at -0.11% and -32.47%, respectively.
Highlights
- Celsius (CEL) recovery plan proposed amid community-led short-squeeze attempt
- Goldman Sachs leading investor group to buy Celsius assets: Sources
- Nexo threatens legal action against anonymous Twitter account
- Lido DAO (LDO) begins voting on whether to limit its Ethereum staking dominance
- Curve staking platform Convex suffers DNS hijacking
- Crypto broker Voyager lowers daily withdrawal limits from $25K to $10K
- Tether launches stablecoin pegged to the British Pound Sterling
- Tether (USDT) to undertake full audit by top 12 firm for transparency over USDT reserves
- MakerDAO pauses AAVE lending activities
- Uniswap (UNI) tops Ethereum in terms of daily fees
- DeFi moves into real estate with Tower Fund and Teller Protocol partnership
Top Token Metrics
Source: CoinGecko
DeFi Index Tokens
Dex Metrics
** Omitted due to incomplete source data
Sources: CoinGecko, DeFi Llama, Nomics
Lending Protocol Metrics
* % change is based on the difference between two consecutive weekly periods
** Omitted due to incomplete source data
*** LDR = Total Borrowed / TVL
Sources: CoinGecko, DeFi Llama
Authors
Crypto.com Research and Insights team
Compartir con amigos
Artículos relacionados
📈US spot BTC ETFs drive over 30% of spot BTC volume; Crypto.com and Emirates explore integrating Crypto.com Pay in Emirates’ payment systems
DeFi & L1L2 Weekly — 📈 Tokenised stocks trading volume on xStocks averaged $3.6 million; Hyperliquid’s latest mainnet upgrade introduced the CoreWriter contract
📉 BTC’s implied volatility fell to Oct 2023 lows; Crypto.com celebrated its 9th anniversary
¿Todo listo para comenzar tu viaje por el mundo de las criptomonedas?
Obtén tu guía paso a paso para abriruna cuenta con Crypto.com
Al hacer clic en el botón Enviar, reconoces haber leído el aviso de privacidad de Crypto.com donde explicamos cómo usamos y protegemos tus datos personales.