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Weekly DeFi Update (Week 16, 18/04/2022 – 24/04/2022)

Terra’s UST has become the third-largest stablecoin. Bastion Protocol on the NEAR blockchain closes a US$9M Series A funding round. Orbit Network a stablecoin lending protocol announces its incubation under Cronos labs.

Apr 25, 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

Image 37
* % change is based on the difference between two consecutive weekly periods
** Omitted due to incomplete source data
Source: CoinGecko, DeFi Llama, Nomics

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