Key Takeaways

Highlights

Top Token Metrics

MetricsTop 20 DeFi tokens market capTop 100 DeFi tokens market capDeFi dominance* vs. all crypto
Current$81.53B$103.41B6.02%
7-Day Change+8.72%+4.87%+0.35 p.p.
14-Day Change+4.16%-0.45%+0.44 p.p.
*DeFi dominance is defined as the total market capitalisation of DeFi coins as a percentage of that of all currencies (including DeFi coins), based on CoinGecko’s data. See CoinGecko’s definition of dominance for more information.
Source: CoinGecko

DeFi Index Tokens

MetricsPriceVolumeVolatility
Top GainersREN (+16.43%)
UNI (+15.09%)
MKR (+5.73%)		NXM (+1305.79%)
REN (+82.76%)
MKR (+55.49%)		REN (+143.19%)
UNI (+120.65%)
LINK (+93.95%)
Top LosersCRV (-8.87%)
 UMA (-8.37%)
LRC (-6.34%)		BAL (-30.19%)UMA (-9.55%)
*DeFI index tokens: LINK,YFI,AAVE,SNX,UNI,COMP,MKR,UMA,REN,LRC,NXM,BAL,CRV

Notable Events

In general, this week’s metrics were mainly driven by the conflict between Russia and Ukraine, and the crypto market volume and volatility are at a higher-than-usual level. (Note: NXM has a smaller base of about $4,000 average daily volume, hence, the % change is exaggerated.)

DEX Metrics

MetricsMarket Cap(Native Coin)7-Day Change*TVL7-Day Change*Native Coin Mcap / TVL7-Day Avg. Daily Volume7-Day Change*Avg. Daily Volume / TVL
Uniswap
Ethereum		$4.47B-4.59%$7.53B-1.11%0.59x$2.35B+32.49%0.53x
Sushi
Multi-chain		$602.82M-11.97%$3.99B-17.35%0.15x$239.16M+41.37%0.40x
Curve Finance
Ethereum		$858.95M-8.06%$17.55B-7.17%0.05x$245.90M+12.65%0.29x
Pancake
BSC		$1.70B-11.77%$4.26B-7.76%0.40x$451.12M+8.06%0.27x
SpookySwap
Fantom		$181.51M+38.03%$974.76M-20.11%0.19x$337.52M+57.14%1.86x
Raydium
Solana		$210.40M-7.18%$617.68M-10.10%0.34x$76.75M+83.88%0.36x
Trader Joe
Avalanche		$182.21M+10.38%$1.40B-9.15%0.13x$207.08M+17.74%1.14x
VVS Finance
Cronos		$239.26M+9.42%$1.26B-3.84%0.19x$3.71M-5.91%0.02x
* % change is based on the difference between two consecutive weekly periods
Source: CoinGecko, DeFi Llama, Nomics

Notable Events

1 Mar 2022|MARKET UPDATES

Weekly DeFi Update (Week 8, 21/02/2022 – 27/02/2022)

Yearn Finance launches layer-2 on Arbitrum. Terra raises $1B emergency reserve for black swan events. Ukraine conflict sees volume & volatility soar.

Bagikan ke Teman

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.

Unduh App