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
MetricsCurrent
Top 20 DeFi tokensmarket cap$84.79B
Top 100 DeFi tokens market cap$108.96B
DeFi dominance*vs. all crypto6.62%
Metrics7-Day Change
Top 20 DeFi tokensmarket cap-21.20%
Top 100 DeFi tokens market cap-24.69%
DeFi dominance*vs. all crypto+0.03 p.p
Metrics14-Day Change
Top 20 DeFi tokensmarket cap-15.50%
Top 100 DeFi tokens market cap-19.17%
DeFi dominance*vs. all crypto+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%)
MetricsTop Gainers
Price
VolumeMKR (+76.30%)
NXM (+57.81%)
LRC (+38.68%)
VolatilityUMA (+216.69%)
BAL (+186.95%)
REN (+180.71%)
MetricsTop Losers
PriceCRV (-42.58%) 
LRC (-41.12%)
LINK (-39.57%)
VolumeLINK (-37.56%)
CRV (-22.93%)
BAL (-1.30%)
Volatility
*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
MetricsMarket Cap
Uniswap
Ethereum
$4.94B
Sushi
Multi-chain
$859.35M
Pancake
BSC
$2.10B
Spookyswap
Fantom
$198.32M
Raydium
Solana
$293.28M
Trader Joe
Avalanche
$132.22M
Metrics7-Day Change
Uniswap
Ethereum
-37.80%
Sushi
Multi-chain
-36.80%
Pancake
BSC
-37.40%
Spookyswap
Fantom
-42.90%
Raydium
Solana
-31.00%
Trader Joe
Avalanche
-50.90%
MetricsTVL
Uniswap
Ethereum
$6.32B
Sushi
Multi-chain
$4.72B
Pancake
BSC
$4.11B
Spookyswap
Fantom
$1.08B
Raydium
Solana
$730.12M
Trader Joe
Avalanche
$989.71M
Metrics7-Day Change
Uniswap
Ethereum
-21.30%
Sushi
Multi-chain
-15.80%
Pancake
BSC
-17.70%
Spookyswap
Fantom
-35.40%
Raydium
Solana
-34.70%
Trader Joe
Avalanche
-32.70%
MetricsMcap/TVL
Uniswap
Ethereum
0.78x
Sushi
Multi-chain
0.18x
Pancake
BSC
0.51x
Spookyswap
Fantom
0.19x
Raydium
Solana
0.40x
Trader Joe
Avalanche
0.14x
Metrics7-d Avg. Volume
Uniswap
Ethereum
$279.62M
Sushi
Multi-chain
$242.17M
Pancake
BSC
$156.99M
Spookyswap
Fantom
$10.89M
Raydium
Solana
$44.36M
Trader Joe
Avalanche
$15.20M
Metrics7-Day Change
Uniswap
Ethereum
+31.60%
Sushi
Multi-chain
-14.00%
Pancake
BSC
+49.20%
Spookyswap
Fantom
+3.30%
Raydium
Solana
+27.50%
Trader Joe
Avalanche
+14.80%
MetricsVolume / TVL
Uniswap
Ethereum
4.42x
Sushi
Multi-chain
5.13x
Pancake
BSC
3.82x
Spookyswap
Fantom
1.01x
Raydium
Solana
6.08x
Trader Joe
Avalanche
1.54x
* % change is based on the difference between two subsequent bi-weekly periods
Source: CoinGecko, DeFi Llama

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