Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 46, 16/11/2022 - 22/11/2022)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 46, 16/11/2022 - 22/11/2022)Tether performed a $1B USDT chain swap from Solana to Ethereum. Curve Finance launches stablecoin crvUSD, releases code and whitepaper. Uniswap says it collects users’ public on-chain data.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at -10.33%, -40.23%, and -73.78%, respectively. 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.New Project Spotlight
As of 22 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 22 Nov 2022Sources: CoinGecko, DeFi Llama, Crypto.com ResearchNews Highlight
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 09/11/2022 - 15/11/2022)
Wednesday, November 16, 2022
Tether's USDT stablecoin temporarily dropped 3%. 7-day DeFi weekly exchange volume hits $32M.
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.
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