Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 09/11/2022 - 15/11/2022)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 09/11/2022 - 15/11/2022)Tether’s USDT stablecoin temporarily dropped 3%. 7-day DeFi weekly exchange volume hits $32M.Weekly DeFi IndexThis week's market cap and volume indices were negative at -20.07% and -15.63%, respectively, while volatility index was positive at +215.12%. 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.
As of 15 Nov 2022Sources: 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 vestingAs of 15 Nov 2022Sources: CoinGecko, DeFi Llama, Crypto.com ResearchNews Highlight
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 44, 02/11/2022 - 08/11/2022)
Thursday, November 10, 2022
FTX set to be acquired by Binance. Aave votes to deploy on zkSync testnet. GALA crashed as pNetwork was misconfigured. Deribit halts withdrawal after a US$28M hot wallet hack.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 43, 26/10/2022 - 01/11/2022)
Wednesday, November 2, 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 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.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 41, 12/10/2022 - 18/10/2022)
Wednesday, October 19, 2022
Proposal for Uniswap to be deployed on zkSync passes with 100% of votes. Aptos Foundation mainnet rollout draws criticism. Ethereum launches 'Shandong', its pre-Shanghai upgrade testnet.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 40, 5/10/2022 - 11/10/2022)
Wednesday, October 12, 2022
BNB Chain temporarily halted after suffering a $566 million exploit. Solana-based DeFi protocol Mango was hacked for $100+ million. MakerDAO passed the plan to invest $500 million in US government.
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