Weekly DeFi Update (Week 20, 16/05/2022 – 22/05/2022)

65.90% of voters favour a LUNA hard fork. South Korean parliament summons Do Kwon to inquire about LUNA and the aftermath. USDT and USDC boost transparency efforts.

Key Takeaways 

  • The Terra (LUNA) blockchain is heading for version 2.0, with 65.90% of the voters favouring a hard fork at the time of writing. The Luna Foundation Guard plans to compensate UST holders with its remaining funds.
  • Do Kwon is summoned to a parliamentary hearing as politicians inquire further details about the LUNA incident and its aftermath.
  • Tether (USDT) shrinks the portion of commercial paper in its reserves by 17%, while Circle commits to transparency with weekly USDC reports.
  • Deus Finance’s DEI became the latest algorithmic stablecoin to lose its dollar peg, and plummeted to 55 cents. As of 22 May 2022, DEI is trading at about US$0.70.
  • This week’s price, volume, and volatility indices are negative at -1.40%, -52.00%, and -56.92%, respectively.

Highlights

Check the latest prices on Crypto.com/Price

Top Token Metrics

*Top DeFi tokens based on CoinGecko
Source: CoinGecko

DeFi Index Tokens

DEX Metrics

Sources: CoinGecko, DeFi Llama, Nomics
Partager avec des amis

Articles connexes

DeFi - 2D AGO

DeFi & L1L2 Weekly — 📈 Tokenised stocks trading volume on xStocks averaged $3.6 million; Hyperliquid’s latest mainnet upgrade introduced the CoreWriter contract

DeFi - 2D AGO

DeFi & L1L2 Weekly — 📈 Tokenised stocks trading volume on xStocks averaged $3.6 million; Hyperliquid’s latest mainnet upgrade introduced the CoreWriter contract

DeFi - 2D AGO

DeFi & L1L2 Weekly — 📈 Tokenised stocks trading volume on xStocks averaged $3.6 million; Hyperliquid’s latest mainnet upgrade introduced the CoreWriter contract

Market Pulse - 7 Jul 2025

📉 BTC’s implied volatility fell to Oct 2023 lows; Crypto.com celebrated its 9th anniversary

Market Pulse - 7 Jul 2025

📉 BTC’s implied volatility fell to Oct 2023 lows; Crypto.com celebrated its 9th anniversary

Market Pulse - 7 Jul 2025

📉 BTC’s implied volatility fell to Oct 2023 lows; Crypto.com celebrated its 9th anniversary

GameFi - 4 Jul 2025

NFT & Gaming — 🎮 Pudgy Penguins is launching a Web3 game, Pengu Clash; Otherside announced the upcoming shooter game, Bathroom Blitz

GameFi - 4 Jul 2025

NFT & Gaming — 🎮 Pudgy Penguins is launching a Web3 game, Pengu Clash; Otherside announced the upcoming shooter game, Bathroom Blitz

GameFi - 4 Jul 2025

NFT & Gaming — 🎮 Pudgy Penguins is launching a Web3 game, Pengu Clash; Otherside announced the upcoming shooter game, Bathroom Blitz

Prêt à commencer votre aventure crypto ?

Obtenez votre guide étape par étape pour ouvrirun compte sur Crypto.com

En cliquant sur le bouton Soumettre, vous reconnaissez avoir lu l'Avis de confidentialité de Crypto.com où nous expliquons comment nous utilisons et protégeons vos données personnelles.