0/ #DeFi Weekly Report (Week 31,2021)
Quick Take:
๐ OpenSeaโs trading volume soared by $40M/day
๐ dYdX L2โs trading volume exceeded Perpetual Protocol by $186M/day
๐ Derivatives on #BSC have rebounded
For the full analysis, check out the report!๐
coin98analytics.substack.com
Quick Take:
๐ OpenSeaโs trading volume soared by $40M/day
๐ dYdX L2โs trading volume exceeded Perpetual Protocol by $186M/day
๐ Derivatives on #BSC have rebounded
For the full analysis, check out the report!๐
coin98analytics.substack.com
2/ The data on the chart reveals that @dydxprotocol L2 has surpassed Perpetual Protocol in terms of transaction volume, with dYdX's governance token acting as a catalyst.
Last week, the average trading volume of dYdX was over $186 million/day.
Last week, the average trading volume of dYdX was over $186 million/day.
3/ DEXs on Binance Smart Chain dominate more than 63%. Lending continues to play an important role and is gradually increasing again.
Notably, the TVL of Derivatives on #BinanceSmartChain has returned to $300 million.
Notably, the TVL of Derivatives on #BinanceSmartChain has returned to $300 million.
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