Coin98 Analytics
Coin98 Analytics

@Coin98Analytics

9 Tweets Jan 30, 2023
0/ #DeFi Weekly Report (Week 38,2021)
Quick Take:
📈 Polygon is 14.6M addresses away from surpassing BSC
💰 Lending on Ethereum is still leading
🚀 The perpetual swap volume was increasing fast, at $2.66B
For the full analysis, check out the report!👇
coin98analytics.substack.com
1/ #Polygon is 14.6M addresses away from surpassing #BSC, which is highly likely in the next 1-2 weeks, given its growth rate at 12M addresses per week, as witnessed last week.
2/ Growth ceased for Arbitrum and Optimism after their number of total addresses experienced periods of massive growth spurts. Specifically:
+ Arbitrum: 164,938 (+21.13%)
+ Optimism: 125,656 (+36.12%)
3/ TVL rose back to $150 B, manifesting a minor decrease of 5.96%, as compared to last week.
4/ The volume of transactions on DEX this week was as high as the previous week, with little changes. The total volume is $23.56 B, with Uniswap and Pancakeswap accounting for the majority:
+ Uniswap:$10,640,995,273 (+1.66%)
+ Pancakeswap: $5,257,709,510 (+4.73%)
5/ The Lending sector on Ethereum is still leading, even though it is decreasing.
6/ The amount of perpetual swap was increasing fast beyond its all-time high at $2.66 B.
7/ After reaching an all-time high in terms of transaction volume and DAU in late August, the volume of Opensea has decreased by ⅓, while the number of DAU did not shrink as fast.
8/ Fundraising Spotlight

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