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Crypto: Could Stablecoin Fei (FEI) End Operating!?

Crypto: Could Stablecoin Fei (FEI) End Operating!?| FXMAG.COM
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Decentralised stablecoin Fei may cease its operations. HUSD depegs following the closure of market maker accounts. Attacker loses 5 ETH after trying to exploit Near Protocol’s Rainbow bridge.

Weekly DeFi Index

This week’s price, volume, and volatility indices were negative at -9.59%, -12.41%, and -27.80%, respectively.

 
 
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DeFi Index Tokens

 
 
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News Highlight

DEX Protocols Metrics

 
 
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Lending Protocols Metrics

 
 
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Charts on Layer 2 Projects

  • Overall, the L2 market dropped by -3.06% in the last 7 days. The TVL of all L2 categories followed the downtrend. Optimistic rollup projects fell by -4.10% and zero-knowledge rollup projects by -1.16%. Ethereum’s TVL plunged by -9.84%.
 
 
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  • The TVL for all optimistic rollup projects were negative last week, and Boba Network dropped the most at -10.06%.
 
 
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  • Similarly, almost all ZK rollup projects’ TVL plummeted except dYdX, which grew +14.07%.
 
 
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Further Reading

Authors

Research and Insights Team


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CRYPTO RESEARCH

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