Key Takeaways

Tether (USDT) briefly lost its dollar peg this week, dipping as low as US$0.95 on Thursday as the collapse of LUNA and UST shook the market’s confidence. However, the $1 peg was restored by Friday. At the time of writing, USDT is trading slightly under $1, at $0.9989.
Celsius reportedly removed at least $500M from Anchor during the recent UST turmoil. Founder Alex Machinsky took to Twitter to deny recent rumours of losses as a result of market volatility.
UST’s depegging continued this week, with LUNA falling to below $0.01. Do Kwon published a Terra Ecosystem Revival Plan over the weekend which aims to lay out the way forward for the ecosystem.
This week’s price index was negative at -33.72%, while the volume and volatility indices were positive at +67.25% and +230.03% respectively.

Highlights

Check the latest prices on Crypto.com/Price

Top Token Metrics

*Top DeFi tokens based on CoinGecko
Source: CoinGecko

DeFi Index Tokens

Notable Events

DEX Metrics

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

Notable Events

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16 May 2022|MARKET UPDATES

Weekly DeFi Update (Week 19, 09/05/2022 – 15/05/2022)

USDT briefly loses peg after the collapse of LUNA and UST. Do Kwon publishes a ‘Terra Ecosystem Revival Plan’ outlining the way forward.

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DeFi & L1L2 Weekly — 🚀 Ethereum’s Pectra upgrade successfully deployed on the Sepolia testnet; pump.fun saw a significant drop in token launches

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Snapshot - 8 Mar 2025

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Key Takeaways

Highlights

Top Token Metrics

DeFi Index Tokens

Notable Events

DEX Metrics

Notable Events

Weekly DeFi Update (Week 19, 09/05/2022 – 15/05/2022)

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DeFi & L1L2 Weekly — 🚀 Ethereum’s Pectra upgrade successfully deployed on the Sepolia testnet; pump.fun saw a significant drop in token launches

🖊️ Trump assinou uma Ordem Executiva para uma Reserva Estratégica de Bitcoin dos EUA; Cronos propôs reemitir 70 bilhões de CRO para uma Reserva Estratégica de Cronos

SnapShot 196

Pronto para começar sua jornada cripto?