0/ #DeFi Weekly Report (Week 35,2021)
Quick Take:
๐ TVL hits the historic ATH
๐ฐ Polygonโs no. of wallets skyrocketed to more than 54M
๐ OpenSea expanded widely with $3.4B trading volume and 50,000 DAU
For the full analysis, check out the report!๐
coin98analytics.substack.com
Quick Take:
๐ TVL hits the historic ATH
๐ฐ Polygonโs no. of wallets skyrocketed to more than 54M
๐ OpenSea expanded widely with $3.4B trading volume and 50,000 DAU
For the full analysis, check out the report!๐
coin98analytics.substack.com
1/ The number of #Polygon wallets increased sharply this week. With more than 54 million wallets, the gap between Polygon and #BinanceSmartChain is about 40.6% ( up 8% compared to the last week).
2/ The TVL locked by chain has officially surpassed the previous peak of $151 billion set in May, reaching $155 billion this week.
4/ #Avalanche saw a rapid increase in TVL from around $200M to $2.2B in only two weeks after the LM launch.
Four protocols, including Benqi (Lending), Pangolin (AMM), Trader Joe (trading platform), and Yield Yak (Yield farming), account for more than 96% of the Avalanche's TVL.
Four protocols, including Benqi (Lending), Pangolin (AMM), Trader Joe (trading platform), and Yield Yak (Yield farming), account for more than 96% of the Avalanche's TVL.
5/ In August, @opensea saw a rapid expansion, with a total trading volume of more than $3.4B and almost 50,000 DAU.
OpenSea, in the same case with Art Blocks, does not have a governance token, letโs check whatโs next to do?
OpenSea, in the same case with Art Blocks, does not have a governance token, letโs check whatโs next to do?
6/ Many projects have successfully raised funding in the last week, the most notable of which is Arbitrum with $120M.
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