Crypto.com white logo

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.

Aug 10, 2022
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%.
Picture2
  • 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.
Ch 5 1
  • 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.
ZK Rollup TVL

Further Reading

Author

Research and Insights Team

Tags

crypto

crypto research

cryptocurrencies

DeFi

layer 1

layer 2

Share with Friends

Ready to start your crypto journey?

Get your step-by-step guide to setting up an account with Crypto.com

By clicking the Get Started button you acknowledge having read the Privacy Notice of Crypto.com where we explain how we use and protect your personal data.
Get Crypto.com App
download app qr code

DOWNLOAD APP

Common Keywords: 

Ethereum / Dogecoin / Dapp / Tokens