Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 43, 26/10/2022 - 01/11/2022)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 43, 26/10/2022 - 01/11/2022)Matter Labs launches ‘Baby Alpha’ on the zkSync 2.0 mainnet. Arco Protocol goes offline, asks community for confidence vote. Huobi Global stablecoin HUSD depegs after delisting.Weekly DeFi IndexThis week's market cap and volume indices were positive at +6.28% and +40.62%, respectively, while the volatility index was negative at -21.97%. Check the latest prices on Crypto.com/Price *DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI.
Project Spotlight
TVL of Top ChainsSources: DeFi Llama, Crypto.com ResearchNote: TVL excludes governance token staking, staked LP tokens that one of the coins in the pair is governance token, double counting (TVL feeds into another protocol), borrowing, liquidity staking, and vestingTop Dex by ChainSources: CoinGecko, DeFi Llama, Crypto.com ResearchNews Highlight
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Market Pulse by the Crypto.com Research & Insights Team (Week 43, 25/10/2022 – 31/10/2022)
Monday, October 31, 2022
Dogecoin rockets up 106%. Elon Musk acquires Twitter. Matter Labs releases second version of zkSync.
Weekly NFT & GameFi Update (Week 42, 21/10/2022 - 28/10/2022)
Friday, October 28, 2022
Crypto.com signs an MOU with ACT Games. Bored Ape Yacht Club NFT holders have access to a new merch drop. Reddit brings half a million newcomers to the world of NFTs.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 42, 19/10/2022 - 25/10/2022)
Wednesday, October 26, 2022
Aave released GHO technical paper and first audit findings. MakerDAO voted in favour of founder's 'Endgame Plan'. NEAR Foundation to end USN stablecoin.
Market Pulse by the Crypto.com Research & Insights Team (Week 42, 18/10/2022 – 24/10/2022)
Monday, October 24, 2022
Crypto volatility in freefall. Ethereum launches Shandong testnet. Europe to develop energy efficiency label for blockchains.
Weekly NFT & GameFi Update (Week 41, 14/10/2022 - 21/10/2022)
Friday, October 21, 2022
Magic Eden shifts to an optional royalties model. Bicycle Cards plans to create physical playing cards based on its Bored Ape. Sorare is launching a fantasy basketball game in partnership with the
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