Weekly DeFi Update (Week 21, 23/05/2022 – 29/05/2022)

Uniswap hits $1T in lifetime trading volume, USDT loses $10B in market cap and launches on Polygon. Terra will burn 1B UST in an effort to restore the dollar peg.

Key Takeaways 

Highlights

Check the latest prices on Crypto.com/Price

Top Token Metrics

*Top DeFi tokens based on CoinGecko
Source: CoinGecko

DeFi Index Tokens

*DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI

DEX Metrics

* % change is based on the difference between two consecutive weekly periods
** Omitted due to incomplete source data
Sources: CoinGecko, DeFi Llama, Nomics
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