Crypto.com DeFi Research

DeFi & L1L2 Weekly — 📈 The DeFi lending TVL reached a record of US$56 billion; the US Senate passed the GENIUS Act to regulate stablecoins

DeFi & L1L2 Weekly — 📈 X and Polymarket partnered to launch a market tracking tool; Circle upsized its IPO to US$1.05 billion

DeFi & L1L2 Weekly — 📈 Hyperliquid’s trading volume grew by 32% MoM; Tether launched gold-backed stable XAUt0 on TON

DeFi & L1L2 Weekly — 📈 Solana’s weekly DEX trading volume rebounded by 34%; FIFA teamed up with Avalanche to launch its Layer-1 blockchain

DeFi & L1L2 Weekly — 🤝 Crypto.com and Canary Capital launched the Canary CRO Trust; JPMorgan settled a tokenised US Treasury fund on-chain with Ondo Finance and Chainlink

DeFi & L1L2 Weekly — 🤝 Dubai and Crypto.com partner on crypto payments for government services; ETH rose over 20% after the Pectra upgrade

DeFi & L1L2 Weekly — 🚀 21Shares launched a Cronos ETP in Europe; Polygon took the lead in the number of USDC active addresses by chain

DeFi & L1L2 Weekly — 📈 Ethereum Layer-2s weekly engagement reached a new high; Helium partnered with US telecommunications giant AT&T

DeFi & L1L2 Weekly — 📈 Solana’s stablecoin market cap reached a record of US$12.8 billion; Raydium released its own token launch tool, LaunchLab

DeFi & L1L2 Weekly — 🖋️US President Trump repealed crypto regulations on DeFi activities; PumpSwap’s trading volume surged by 37%

DeFi & L1L2 Weekly — 🚀 EigenLayer's mainnet Slashing feature is set to launch; PayPal offers SOL and LINK

DeFi & L1L2 Weekly — 📈 Ethereum's income from L2 blob fees reached its lowest level; Fidelity is creating its own stablecoin