Crypto.com Weekly DeFi Update (Week 23, 06/06/2022 – 12/06/2022)
Celsius pauses withdrawals. Tron DAO boosts $USDD reserves with $50M in crypto. JPMorgan announces DeFi plans.
Celsius (CEL) paused withdrawals, swaps, and transfers due to market conditions.
JPMorgan announced plans for a blockchain-based settlement system and institutional-friendly DeFi liquidity pools.
This week’s volume index and volatility indices were positive at +13.55% and +11.63%, respectively, while the price index was negative at -15.79%.
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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