DeFi & L1L2 Weekly (24/08/2022)

Decentralised stablecoin Fei may cease its operations. HUSD depegs following the closure of market maker accounts. Attacker loses 5 ETH after trying to exploit Near Protocol’s Rainbow bridge.

Aug 24, 2022
R&I DeFi Layer 1 2 Weekly Update

Weekly DeFi Index

This week’s price, volume, and volatility indices were negative at -9.59%, -12.41%, and -27.80%, respectively.

1 Weekly Defi Index 1

Check the latest prices on Crypto.com/Price

DeFi Index Tokens

DeFi Index Tokens
*DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI.

News Highlight

DEX Protocols Metrics

Dex Protocol Metrics 1

Lending Protocols Metrics

Lending Protocol Metrics 1

Charts on Layer 2 Projects

  • Overall, the L2 market dropped by -3.06% in the last 7 days. The TVL of all L2 categories followed the downtrend. Optimistic rollup projects fell by -4.10% and zero-knowledge rollup projects by -1.16%. Ethereum’s TVL plunged by -9.84%.
Tvl Of L2 Projects 1
  • The TVL for all optimistic rollup projects were negative last week, and Boba Network dropped the most at -10.06%.
Tvl For Optimistic Rollups
  • Similarly, almost all ZK rollup projects’ TVL plummeted except dYdX, which grew +14.07%.
Tvl For Zk Rollups

Further Reading

Authors

Research and Insights Team


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