Weekly DeFi Update (Week 3, 17/01/2022 – 23/01/2022)

UNI to deploy Ethereum compatible V3. SundaeSwap went live last week with teething troubles. Price & volume indices tumble, while volatility sky rockets.

Jan 24, 2022
Defi

Key Takeaways 

Highlights

Check the latest prices on Crypto.com/Price

Top Token Metrics

MetricsTop 20 DeFi tokensmarket capTop 100 DeFi tokens market capDeFi dominance*vs. all crypto
Current$84.79B$108.96B6.62%
7-Day Change-21.20%-24.69%+0.03 p.p
14-Day Change-15.50%-19.17%+0.05 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 GainersMKR (+76.30%)
NXM (+57.81%)
LRC (+38.68%)
UMA (+216.69%)
BAL (+186.95%)
REN (+180.71%)
Top LosersCRV (-42.58%) 
LRC (-41.12%)
LINK (-39.57%)
LINK (-37.56%)
CRV (-22.93%)
BAL (-1.30%)
*DeFI index tokens: LINK,YFI,AAVE,SNX,UNI,COMP,MKR,UMA,REN,LRC,NXM,BAL,CRV

DEX Metrics

MetricsUniswap
Ethereum
Sushi
Multi-chain
Pancake
BSC
Spookyswap
Fantom
Raydium
Solana
Trader Joe
Avalanche
Market Cap$4.94B$859.35M$2.10B$198.32M$293.28M$132.22M
7-Day Change-37.80%-36.80%-37.40%-42.90%-31.00%-50.90%
TVL$6.32B$4.72B$4.11B$1.08B$730.12M$989.71M
7-Day Change-21.30%-15.80%-17.70%-35.40%-34.70%-32.70%
Mcap/TVL0.78x0.18x0.51x0.19x0.40x0.14x
7-d Avg. Volume$279.62M$242.17M$156.99M$10.89M$44.36M$15.20M
7-Day Change+31.60%-14.00%+49.20%+3.30%+27.50%+14.80%
Volume / TVL4.42x5.13x3.82x1.01x6.08x1.54x
* % change is based on the difference between two subsequent bi-weekly periods
Source: CoinGecko, DeFi Llama

Tags

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cryptocurrencies

DeFi

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