Weekly DeFi Update (Week 14, 04/04/2022 – 10/04/2022)

Yearn advocates for ERC-4626 tokenised vault standard. USDN loses its dollar peg. As price & volume indices tumble, volatility rises.

Apr 11, 2022
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Key Takeaways 

Highlights

Check the latest prices on Crypto.com/Price

Top Token Metrics

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*Top DeFi tokens based on CoinGecko
Source: CoinGecko

DeFi Index Tokens

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

Notable Events

DEX Metrics

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* % change is based on the difference between two consecutive weekly periods
** Omitted due to incomplete source data
Source: CoinGecko, DeFi Llama, Nomics

Notable Events

  • The performance of the DeFi sector declined in general this week, with Spookyswap (BOO)’s TVL sliding the most, at -17.21%. This was likely associated with the price drop of Fantom (FTM), which the price fell by -24% from 4 April to 10 April.

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