Weekly Update - Defi and Layer 1 & Layer 2 News (Week 30, 27/07/2022 - 02/08/2022)
Weekly Update - Defi and Layer 1 & Layer 2 News (Week 30, 27/07/2022 - 02/08/2022)Aave will launch a crypto-based stablecoin called GHO. Ethereum’s 10th "shadow fork" goes into effect. Harmony proposes proposes a hard fork to reimburse users’ funds.Weekly DeFi IndexThis week's price, volume, and volatility indices were positive at +21.92%, +59.15%, and +44.81%, respectively. Check the latest prices on Crypto.com/Price DeFi Index Tokens* DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI.News Highlight
DEX Protocols MetricsSources: CoinGecko, DeFi Llama, Crypto.com ResearchLending Protocols Metrics*LDR (Loan to Deposit Ratio) = Total Borrowed / TVLSources: CoinGecko, DeFi Llama, Nomics, Crypto.com ResearchCharts on Layer 2 Projects
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Crypto.com Weekly DeFi Update (Week 28, 11/07/2022 – 17/07/2022)
Monday, July 18, 2022
Gnosis Safe rebrands as “Safe” after US$100M funding round. Celsius bankruptcy filing shows US$4.7B owed to customers. ZKX raises US$4.5M seed funding with the help of Crypto.com Capital.
Crypto.com Weekly DeFi Update (Week 27, 04/07/2022 – 10/07/2022)
Monday, July 11, 2022
elsius pays off the entirety of its loan from MakerDAO. The MakerDAO community votes on bringing traditional banking into its ecosystem. Aave to launch USD stablecoin named GHO.
Crypto.com Weekly DeFi Update (Week 26, 27/06/2022 – 03/07/2022)
Monday, July 4, 2022
MakerDAO users reject centralisation proposals and consider bond investing. Tether reduces its commercial paper holdings to US$8.4B. Aave launches Aave Arc, a new service approved by 30 institutions.
Crypto.com Weekly DeFi Update (Week 24, 13/06/2022 – 19/06/2022)
Monday, June 20, 2022
USDT condemns reserves rumours. TronDAO injects US$700M to support $USDD. Finblox and Babel Finance restrict withdrawals.
Crypto.com Weekly DeFi Update (Week 23, 06/06/2022 – 12/06/2022)
Monday, June 13, 2022
Celsius pauses withdrawals. Tron DAO boosts $USDD reserves with $50M in crypto. JPMorgan announces DeFi plans.
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