DeFi & L1L2 Weekly — 💸 14.6% of Polymarket wallets have profited; Uniswap Labs unveils its own Layer-2 network
DeFi & L1L2 Weekly — 💸 14.6% of Polymarket wallets have profited; Uniswap Labs unveils its own Layer-2 network14.6% of Polymarket wallets have made profits. Uniswap Labs unveils its own Layer-2 network. Avalanche negotiates to repurchase 1.97 million AVAX from Terra's LFG.Weekly DeFi IndexThe market capitalisation and volume indices were positive at +4.53% and +25.44%, respectively, while the volatility index dropped by -10.43%.
Chart of the WeekPolymarket has facilitated over 13 million betting trades to date, recording more than 300,000 daily trades on average between 6 and 15 October. The platform’s rising popularity is due to ongoing regional conflicts, as well as the upcoming United States presidential election. To date, only 14.6% of Polymarket wallets have profited, with a majority winning less than US$100. News Highlights
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AuthorResearch and Insights Team DisclaimerThe information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report, nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.The brands and the logos appearing in this report are registered trademarks of their respective owners.We’re all ears.Your feedback has always helped us provide insightful crypto market trends. Tell us how we can improve this newsletter further by taking a quick survey below (it will only take less than a minute). Thank you! Thank you for reading! We hope you find our Weekly DeFi and Layer 1 & Layer 2 News Update enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! Thanks for reading Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming! Subscribe for free to receive new posts and support my work. Thanks for reading Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming! Subscribe for free to receive new posts and support my work. Crypto.com DeFi Research is free today. But if you enjoyed this post, you can tell Crypto.com DeFi Research that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
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Saturday, October 5, 2024
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DeFi & L1L2 Weekly - 📉 Pump.fun’s revenue plummets; Societe Generale’s subsidiary is launching Euro stablecoin on…
Wednesday, September 25, 2024
Pump.fun's revenue plummets. Societe Generale's subsidiary is launching a Euro stablecoin on Solana. Solana Labs and Google Cloud collaborate on a web3 gaming API. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly - 🚀 Ethereum on-chain stablecoin volume reaches all-time high; Sky launches SKY and USDS
Thursday, September 19, 2024
Ethereum on-chain stablecoin volume reaches all-time high. USDC launches on Sui blockchain and is available in Brazil and Mexico. Sky launches new tokens SKY and USDS. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly - 🛑 Friend.tech is abandoned by its developer; EigenLayer reveals details of the 2nd EIGEN sta…
Thursday, September 12, 2024
Friend.tech is abandoned by its development team. EigenLayer reveals details of the second EIGEN stakedrop. Synthetix launches a new app chain for on-chain governance. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly - 📈 Ethereum’s inflation rate at 0.69% per year; Polygon is set to migrate from its MATIC toke…
Wednesday, September 4, 2024
Ethereum sees an inflation rate of 0.69% per year after Dencun Upgrade. Polygon is set to migrate from its MATIC token to POL. 21.co launches a Bitcoin wrapper on the Ethereum blockchain. ͏ ͏ ͏ ͏ ͏ ͏ ͏
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