Crypto.com DeFi Research

DeFi & L1L2 Weekly — 📈 Trading volume on Solana DEXes surpasses Ethereum’s by more than 2x; PayPal USD integrates LayerZero’s OFT standard for cross-chain transfers

DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches Mekong testnet to preview Pectra upgrade

DeFi & L1L2 Weekly — 📈 Polymarket hits US$2.5 billion in volume amidst the US presidential election; TON Foundation launches Society DAO to enhance decentralised governance

DeFi & L1L2 Weekly — 📈 Solana’s weekly fees outpaces Ethereum's; Lido approves permissionless ETH staking with minimum collateral of 2.4 ETH

DeFi & L1L2 Weekly — 📈 DEX vs CEX spot trading volume ratio reaches its second highest level; Bittensor upgrade enables Ethereum compatibility

DeFi & L1L2 Weekly — 💸 14.6% of Polymarket wallets have profited; Uniswap Labs unveils its own Layer-2 network

DeFi & L1L2 Weekly - 💧 Crypto.com partners with 21.co to enhance 21BTC liquidity; Sky’s USDS reaches $1 billion in supply

DeFi & L1L2 Weekly - 📉 Pump.fun’s revenue plummets; Societe Generale’s subsidiary is launching Euro stablecoin on Solana

DeFi & L1L2 Weekly - 🚀 Ethereum on-chain stablecoin volume reaches all-time high; Sky launches SKY and USDS

DeFi & L1L2 Weekly - 🛑 Friend.tech is abandoned by its developer; EigenLayer reveals details of the 2nd EIGEN stakedrop

DeFi & L1L2 Weekly - 📈 Ethereum’s inflation rate at 0.69% per year; Polygon is set to migrate from its MATIC token to POL

DeFi & L1L2 Weekly - 💰 PYUSD hits US$1 billion market cap; MakerDAO rebrands as Sky and introduces 2 new tokens