Crypto.com Weekly DeFi Update (Week 21, 23/05/2022 – 29/05/2022)
Uniswap hits $1T in total volume. $USDT’s market cap dwindles. Terra will burn 1B UST.
Uniswap (UNI) hit a milestone of US$1 trillion in lifetime volume since its launch on Ethereum (ETH) four years ago.
This week’s price index was negative at -11.73%, while the volume and volatility indices were positive at +4.12% and +12.21%, respectively.
Check the latest prices on Crypto.com/Price
Top Token Metrics
*Top DeFi tokens based on CoinGecko
DeFi Index Tokens
*DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI
* % change is based on the difference between two consecutive weekly periods
** Omitted due to incomplete source data
Sources: CoinGecko, DeFi Llama, Nomics
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