DeFi & L1L2 Weekly โ ๐ The DeFi lending TVL reached a record of US$56 billion; the US Senate passed the GENIUS Act to regulate stablecoins
DeFi & L1L2 Weekly โ ๐ X and Polymarket partnered to launch a market tracking tool; Circle upsized its IPO to US$1.05 billion
DeFi & L1L2 Weekly โ ๐ Hyperliquidโs trading volume grew by 32% MoM; Tether launched gold-backed stable XAUt0 on TON
DeFi & L1L2 Weekly โ ๐ Solanaโs weekly DEX trading volume rebounded by 34%; FIFA teamed up with Avalanche to launch its Layer-1 blockchain
DeFi & L1L2 Weekly โ ๐ค 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 โ ๐ค Dubai and Crypto.com partner on crypto payments for government services; ETH rose over 20% after the Pectra upgrade
DeFi & L1L2 Weekly โ ๐ 21Shares launched a Cronos ETP in Europe; Polygon took the lead in the number of USDC active addresses by chain
DeFi & L1L2 Weekly โ ๐ Ethereum Layer-2s weekly engagement reached a new high; Helium partnered with US telecommunications giant AT&T
DeFi & L1L2 Weekly โ ๐ Solanaโs stablecoin market cap reached a record of US$12.8 billion; Raydium released its own token launch tool, LaunchLab
DeFi & L1L2 Weekly โ ๐๏ธUS President Trump repealed crypto regulations on DeFi activities; PumpSwapโs trading volume surged by 37%
DeFi & L1L2 Weekly โ ๐ EigenLayer's mainnet Slashing feature is set to launch; PayPal offers SOL and LINK
DeFi & L1L2 Weekly โ ๐ Ethereum's income from L2 blob fees reached its lowest level; Fidelity is creating its own stablecoin
DeFi & L1L2 Weekly โ ๐ The number of stablecoin active addresses surged 53%; pump.fun launched its own DEX while Radium responded with its own launchpad
DeFi & L1L2 Weekly โ ๐ Tokenised treasuries reached a record market cap of US$4.6B; The Ethereum Foundation launched the Hoodi testnet
DeFi & L1L2 Weekly โ ๐ Ethereum's Pectra upgrade successfully deployed on the Sepolia testnet; Pump.fun saw a significant drop in token launches
DeFi & L1L2 Weekly โ ๐ Cronos pioneers seamless crypto-to-debit transfers; Virtuals Protocol saw a 95% drop in trading volume
DeFi & L1L2 Weekly โ ๐งช Pump.fun is reportedly testing its own AMM. The SEC approved the first yield-bearing stablecoin, YLDS
DeFi & L1L2 Weekly โ ๐ Transactions on the Bitcoin network dropped to a 1-year low. The Ethereum Foundation allocated 45,000 ETH to DeFi protocols
DeFi & L1L2 Weekly โ ๐ Polymarket recorded a new high of 462.6k active users in Jan despite volume dip; Holesky and Sepolia testnets are scheduled to fork in Feb and Mar for Ethereumโs Pectra upgrad
DeFi & L1L2 Weekly โ ๐ Real-world assets surpassed US$17B in value; Uniswap launched v4 with hooks
DeFi & L1L2 Weekly โ ๐ Solana stablecoinsโ supply rose by 121%, reaching a record of US$10.4B; Ethereum Co-founder Vitalik Buterin unveiled a new scaling roadmap
DeFi & L1L2 Weekly โ ๐TRUMPโs trading volume on Solana DEXes and Moonshot reached US$36.4B; Ethereum developers schedule the Pectra upgrade for March
DeFi & L1L2 Weekly โ ๐Solanaโs daily DEX trading volume beat Ethereumโs by 84%; Sony launched its L2 blockchain, Soneium
DeFi & L1L2 Weekly โ ๐ Weekly active addresses on L2s were 5x higher than on Ethereum; Ethena plans to launch iUSDe in February