Weekly DeFi Update (Week 22, 30/05/2022 – 05/06/2022)
Terraswap is live on Terra 2.0, and Terra Classic LUNC is hacked. Kava Networks partners with Sushi in a move to expand its DeFi offerings. Chainlink’s VRF v2 launches on Polygon.

Key Takeaways
- New applications launched on Terra 2.0 (LUNA), while on Terra Classic (LUNC), a US$90M hack went undiscovered for seven months.
- Chainlink VRF v2 launched on Polygon (MATIC), upgrading the developers’ toolkit for decentralised applications.
- The Kava Network (KAVA) partnered with Sushi (SUSHI) in a move to expand its DeFi offerings.
- This week’s price index and volatility were positive at +3.16% and +19.81%, respectively, while the volume was negative at -9.28%.
Highlights
- Crypto lender Celsius partly responsible for Terra collapse, says Nansen
- Chainlink (LINK) brings price feed data to Solana (SOL) for DeFi support
- Stakeall Finance launches liquid staking shuttle for Lido (LDO) on Polygon
- DeFi crypto wallet aims to decentralize inheritance of crypto and NFTs
- Tron (TRX) becomes DeFi’s third-largest blockchain thanks to Terra-Like stablecoin
- WAVES jumps 27% after vote to liquidate USDN whales’ accounts gets massive support
- Velodrome (VELO) AMM launches airdrop on Optimism
- DeFi educator says $22B in ETH 2.0 funds won’t be liquid immediately after PoS transition
Check the latest prices on Crypto.com/Price
Top Token Metrics

Source: CoinGecko
DeFi Index Tokens
DEX Metrics
** Omitted due to incomplete source data
Sources: CoinGecko, DeFi Llama, Nomics
Bagikan ke Teman
Artikel Terkait
📉 BTC and ETH futures open interest on exchanges saw a 30% and 48% drop since their peaks, respectively; Crypto.com received a limited license to offer derivatives in the UAE
DeFi & L1L2 Weekly — 🚀 Ethereum’s Pectra upgrade successfully deployed on the Sepolia testnet; pump.fun saw a significant drop in token launches
🖊️ Trump menandatangani Perintah Eksekutif tentang Cadangan Strategis Bitcoin AS; Cronos mengusulkan penerbitan kembali 70 miliar CRO untuk Cadangan Strategis Cronos
Siap memulai perjalanan kripto Anda?
Dapatkan panduan langkah demi langkah untuk menyiapkanakun Crypto.com
Dengan mengeklik tombol Kirim, saya menyatakan telah membaca Pemberitahuan Privasi Crypto.com tempat kami menjelaskan cara kami menggunakan dan melindungi data pribadi Anda.