DeFi & L1L2 Weekly - 📉 Ethereum rollups saw a significant drop in unique depositors; BlackRock’s BUIDL will join …
DeFi & L1L2 Weekly - 📉 Ethereum rollups saw a significant drop in unique depositors; BlackRock’s BUIDL will join MakerDAO’s US$1 billion tokenised treasury investment planEthereum rollups saw a significant drop in unique depositors. BlackRock’s BUIDL will join MakerDAO’s US$1 billion tokenised treasury investment plan. Starknet will introduce staking to its ecosystem.Weekly DeFi IndexThe market capitalisation index was positive at +12.12%, while the volume and volatility indices were negative at -29.96% and -56.28% respectively.
Chart of the WeekEthereum Layer-2 (L2) rollups, which include optimistic and zero-knowledge (ZK) rollups, have seen a significant drop in unique depositors. In the past week, there were only 34,920 unique depositors in these rollups, a 33% decrease compared to the previous week, marking a nearly two-year low since October 2022. The decline may be attributed to several factors, like shifting user preferences away from L2s, lack of growth in the ecosystem, and a fall in incentives after recent airdrops from platforms like Arbitrum, Optimism, ZKSync, and Starknet. The drop in unique depositors has led to a corresponding decline in TVL in L2 rollups. The combined TVL of L2 rollups has fallen by over 15%, from an all-time high of $45.1 billion in early June to around $37.9 billion on 15 July. However, L2 rollups have seen a 82% increase in TVL year-to-date. News Highlights
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💸 BlackRock’s tokenised fund BUIDL surpassed US$500 million in market capitalisation; US spot Ether ETF issuers f…
Monday, July 15, 2024
Blackrock's tokenised fund BUIDL surpassed US$500 million market capitalisation; US spot Ethereum ETF issuers filed amended S-1 with the SEC; German government reportedly completed BTC sales. ͏ ͏ ͏
NFT & Gaming Weekly: Crypto.com x Unstoppable Domains Drop, Send it NFTs Top Sales
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