DeFi resurged this week. According to CoinGecko, the top 100 DeFi tokens’ market cap rebounded from the monthly low of $66.2B on Wednesday to $77.7B at the time of writing. Their dominance in the crypto space currently sits at 5.36%.According to DeFi Pulse, the total value locked (TVL) also rebounded from $54.3B to the current level of $61.2B. Around 9.6M ETH and 186.3K BTC are locked in DeFi respectively at the time of writing.Overall, the price, volume, and volatility indices increased by 6.0%, 0.5%, and 285.4% respectively.
Crypto.com Weekly DeFi Update (Week 29, 19/07/2021 - 25/07/2021)
Crypto.com Weekly DeFi Update (Week 29…
Crypto.com Weekly DeFi Update (Week 29, 19/07/2021 - 25/07/2021)
DeFi resurged this week. According to CoinGecko, the top 100 DeFi tokens’ market cap rebounded from the monthly low of $66.2B on Wednesday to $77.7B at the time of writing. Their dominance in the crypto space currently sits at 5.36%.According to DeFi Pulse, the total value locked (TVL) also rebounded from $54.3B to the current level of $61.2B. Around 9.6M ETH and 186.3K BTC are locked in DeFi respectively at the time of writing.Overall, the price, volume, and volatility indices increased by 6.0%, 0.5%, and 285.4% respectively.