Crypto.com white logo

Win exclusive prizes in our FIFA World Cup™ trading competition.

Weekly DeFi Update (Week 10, 07/03/2022 – 13/03/2022)

Fantom Foundation addresses Andre Cronje’s departure in an official statement. AVAX has $290M to offer. Risk-to-Earn is coming to Cronos with MM Finance.

Mar 14, 2022
Defi 1200x728 1 1024x621 1

Key Takeaways

Highlights

Check the latest prices on Crypto.com/Price

Top Token Metrics

MetricsTop 20 DeFi tokens
market cap
Top 100 DeFi tokens market capDeFi dominance*
vs. all crypto
Current$86.00B$106.75B6.26%
7-Day Change+3.76%+2.23%+0.22 p.p.
14-Day Change+5.61%+3.48%+0.20 p.p.
MetricsCurrent
Top 20 DeFi tokens
market cap
$86.00B
Top 100 DeFi tokens market cap$106.75B
DeFi dominance*
vs. all crypto
6.26%
Metrics7-Day Change
Top 20 DeFi tokens
market cap
+3.76%
Top 100 DeFi tokens market cap+2.23%
DeFi dominance*
vs. all crypto
+0.22 p.p.
Metrics14-Day Change
Top 20 DeFi tokens
market cap
+5.61%
Top 100 DeFi tokens market cap+3.48%
DeFi dominance*
vs. all crypto
+0.20 p.p.
*Top DeFi tokens based on CoinGecko
**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 GainersSNX (+9.62%)
REN (+5.86%)
SNX (+101.12%)
YFI (+9.20%)
REN (+8.72%)
SNX (+176.60%)
UNI (+56.72%)
AAVE (+52.32%)
Top LosersUMA (-13.03%)
 CRV (-6.29%)
MKR (-6.27%)
UMA (-73.34%)
CRV (-35.20%)
NXM (-34.52%)
UMA (-83.78%)
CRV (-19.06%)
BenchmarkETH (-2.66%)ETH (-18.49%)ETH (+18.92%)
MetricsTop Gainers
PriceSNX (+9.62%)
REN (+5.86%)
VolumeSNX (+101.12%)
YFI (+9.20%)
REN (+8.72%)
VolatilitySNX (+176.60%)
UNI (+56.72%)
AAVE (+52.32%)
MetricsTop Losers
PriceUMA (-13.03%)
 CRV (-6.29%)
MKR (-6.27%)
VolumeUMA (-73.34%)
CRV (-35.20%)
NXM (-34.52%)
VolatilityUMA (-83.78%)
CRV (-19.06%)
MetricsBenchmark
PriceETH (-2.66%)
VolumeETH (-18.49%)
VolatilityETH (+18.92%)
*DeFI index tokens: LINK,YFI,AAVE,SNX,UNI,COMP,MKR,UMA,REN,LRC,NXM,BAL,CRV

Notable Events

  • Weekly volatility was high, with SNX clocking especially high price, volume and volatility changes caused by an adjustment in fee parameters.
  • UMA experienced a sudden surge in price and volume 2 weeks ago. This appears to have cooled somewhat, with this week’s changes being relatively lower

DEX Metrics

MetricsMarket Cap
(Native Coin)
7-Day Change*TVL7-Day Change*Native Coin Mcap / TVL7-Day Avg. Daily Volume7-Day Change*Avg. Daily Volume / TVL
Uniswap
Ethereum
$3.75B+0.12%$7.53B-1.11%0.50x$1.51B-25.98%0.40x
Sushi
Multi-chain
$538.29M+0.07%$3.99B-17.35%0.14x$134.82M-28.10%0.25x
Curve Finance
Ethereum
$752.36M-4.08%$17.57B-0.97%0.04x$316.08M+39.56%0.42x
Pancake
BSC
$1.59B-1.71%$4.26B+2.27%0.37x$339.33M-16.00%0.21x
SpookySwap
Fantom
$101.86M-20.35%$704.88M-35.58%0.14x$175.43M-48.49%1.72x
Raydium
Solana
$205.38M-3.76%$577.26M-1.18%0.35x$36.14M-37.87%0.18x
Trader Joe
Avalanche
$151.08M-9.88%$1.40B-1.64%0.11x$115.83M-49.21%0.77x
VVS Finance
Cronos
$230.24M-7.85%$1.20B-3.76%0.19x$2.16M-37.04%0.01x
MetricsUniswap
Ethereum
Market Cap
(Native Coin)
$3.75B
7-Day Change*+0.12%
TVL$7.53B
7-Day Change*-1.11%
Native Coin Mcap / TVL0.50x
7-Day Avg. Daily Volume$1.51B
7-Day Change*-25.98%
Avg. Daily Volume / TVL0.40x
MetricsSushi
Multi-chain
Market Cap
(Native Coin)
$538.29M
7-Day Change*+0.07%
TVL$3.99B
7-Day Change*-17.35%
Native Coin Mcap / TVL0.14x
7-Day Avg. Daily Volume$134.82M
7-Day Change*-28.10%
Avg. Daily Volume / TVL0.25x
MetricsCurve Finance
Ethereum
Market Cap
(Native Coin)
$752.36M
7-Day Change*-4.08%
TVL$17.57B
7-Day Change*-0.97%
Native Coin Mcap / TVL0.04x
7-Day Avg. Daily Volume$316.08M
7-Day Change*+39.56%
Avg. Daily Volume / TVL0.42x
MetricsPancake
BSC
Market Cap
(Native Coin)
$1.59B
7-Day Change*-1.71%
TVL$4.26B
7-Day Change*+2.27%
Native Coin Mcap / TVL0.37x
7-Day Avg. Daily Volume$339.33M
7-Day Change*-16.00%
Avg. Daily Volume / TVL0.21x
MetricsSpookySwap
Fantom
Market Cap
(Native Coin)
$101.86M
7-Day Change*-20.35%
TVL$704.88M
7-Day Change*-35.58%
Native Coin Mcap / TVL0.14x
7-Day Avg. Daily Volume$175.43M
7-Day Change*-48.49%
Avg. Daily Volume / TVL1.72x
MetricsRaydium
Solana
Market Cap
(Native Coin)
$205.38M
7-Day Change*-3.76%
TVL$577.26M
7-Day Change*-1.18%
Native Coin Mcap / TVL0.35x
7-Day Avg. Daily Volume$36.14M
7-Day Change*-37.87%
Avg. Daily Volume / TVL0.18x
MetricsTrader Joe
Avalanche
Market Cap
(Native Coin)
$151.08M
7-Day Change*-9.88%
TVL$1.40B
7-Day Change*-1.64%
Native Coin Mcap / TVL0.11x
7-Day Avg. Daily Volume$115.83M
7-Day Change*-49.21%
Avg. Daily Volume / TVL0.77x
MetricsVVS Finance
Cronos
Market Cap
(Native Coin)
$230.24M
7-Day Change*-7.85%
TVL$1.20B
7-Day Change*-3.76%
Native Coin Mcap / TVL0.19x
7-Day Avg. Daily Volume$2.16M
7-Day Change*-37.04%
Avg. Daily Volume / TVL0.01x
* % change is based on the difference between two consecutive weekly periods
Source: CoinGecko, DeFi Llama, Nomics

Notable Events

Tags

crypto

crypto research

cryptocurrencies

DeFi

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

Common Keywords: 

Ethereum / Dogecoin / Dapp / Tokens