DeFi & L1L2 (Week 31, 03/08/2022 – 09/08/2022)

U.S. Treasury Department sanctions Tornado Cash. Thousands of Solana hot wallets compromised after private keys were exploited in Slope mobile wallet. Uniswap proposes to form a Uniswap Foundation.

R&I DeFi Weeky Banner

Weekly DeFi Index

This week’s price, volume, and volatility indices were negative at -1.17%, -38.88%, and -52.65%, respectively.

Ch 1 1
Check the latest prices on Crypto.com/Price

DeFi Index Tokens

Screen Shot 2022 08 10 At 7.54.59 Pm

News Highlight

DEX Protocols Metrics

Screen Shot 2022 08 10 At 8.30.23 Pm
Sources: CoinGecko, DeFi Llama, Nomics, Crypto.com Research

Lending Protocols Metrics

Screen Shot 2022 08 10 At 8.31.25 Pm
*LDR (Loan to Deposit Ratio) = Total Borrowed / TVL
Sources: CoinGecko, DeFi Llama, Crypto.com Research

Charts on Layer 2 Projects

  • Overall, the L2 market saw +12.16% growth over the past week. Optimisitic rollup and zero-knowledge rollup projects gained +19.34% and +1.01%, respectively, while Ethereum’s TVL rose +6.08%.
  • TVL of optimistic rollups continued to surge and was over US$4.7 billion. Again, Optimism led the growth (+40.58%) in TVL, followed by Metis Andromeda (+20.14%) during the week.
  • TVL of ZK rollups was stable in the last week with over US$859 million. ZKSwap was under the spotlight as its TVL of version 2.0 and version 1.0 surged +47.23% and +16.25%, respectively.

Further Reading

Author

Research and Insights Team

Condividi con gli amici

Sei pronto per avventurarti nel mondo delle criptovalute?

Ottieni subito la guida per configurare il tuo account Crypto.com

Cliccando sul pulsante Invia, riconosci di aver letto l' Informativa sulla privacy di Crypto.com dove illustriamo come usiamo e proteggiamo i tuoi dati personali.