Weekly DeFi Data Observation | Terra's locked value hits a new high against the trend, with significant increases in DefiChain, Anchor, Rocket Pool, and others
Tokens such as LUNA, ANC, and ANY remain strong despite the overall decline in prices.Organizer: Nianqing
This week, the DeFi market experienced significant volatility, with TVL rebounding to a peak of $275.9 billion after a decline over the weekend, followed by another drop, reaching $255.1 billion on Sunday. Among well-known DeFi protocols, the top protocols with the fastest TVL growth this week include DefiChain (51.5%), Anchor (47%), Terraswap (23.8%), Francium (45%), Maple (20.5%), Synapse (39%), Origin Dollar (32%), and Rocket Pool (44.7%).
Protocols with significant declines include Maiar Exchange (-36%), Planet Finance (-34%), OolongSwap (-29%), Tranchess (-25.77%), Flexa (-22%), Serum (-19%), Sunny (-19.5%), Badger DAO (-15.7%), Blizz Finance (-18%), and Harvest Finance (-18%).
The tokens with the highest price increases include: Terra's token LUNA (61%), Anchor Protocol's token ANC (28%), and Anyswap's token ANY (8.7%).
Next, Chain Catcher will summarize the DeFi market this week from three perspectives: TVL, price, and important events, using data from DeFi Llama, Coingecko, and other sites.
1. TVL
As of Sunday, the total TVL of major public chain DeFi projects reached $255.1 billion, a decrease of about 0.58% compared to last Sunday, with Ethereum's TVL at $166.09 billion, accounting for 65%. A total of 47 projects across public chains have a TVL exceeding $1 billion, and 173 projects have a TVL exceeding $100 million.
This week, the TVL of various public chains continued to show a slight downward trend compared to last week, but Terra performed exceptionally well, growing by 49.5% and breaking the $14 billion mark, reaching a new high of $14.57 billion today, surpassing Solana and Avalanche to rank third, only behind Ethereum and BSC. Additionally, the emerging public chain DefiChain's TVL grew by approximately 53.8% this week, reaching a new high of $1.62 billion today.
Among all DeFi projects, Curve, MakerDAO, and Convex Finance ranked in the top three for TVL this week, with their TVL continuing to maintain growth momentum, reaching a new high of $16.39 billion on Wednesday.
Among the leading DeFi protocols, the top protocols with the fastest TVL growth this week include DefiChain (51.5%), Anchor (47%), Francium (45%), Rocket Pool (44.7%), Synapse (39%), VVS Finance (37%), Origin Dollar (32%), Terraswap (23.8%), Lido (23.6%), and Maple (20.5%). Among them, Lido's TVL reached a new high of $11.75 billion today, and Anchor reached a new high of $6.43 billion today.
Protocols with significant declines include Maiar Exchange (-36%), Planet Finance (-34%), OolongSwap (-29%), Tranchess (-25.77%), Flexa (-22%), Serum (-19%), Sunny (-19.5%), Badger DAO (-15.7%), Blizz Finance (-18%), and Harvest Finance (-18%). Among them, Badger DAO's significant decline is related to a hacker attack it suffered this week, resulting in a loss of $10 million.
2. Token Prices
This week, the token prices in the DeFi market performed poorly, with most protocol tokens experiencing declines, and only a few seeing price increases. The tokens with the highest price increases include: Terra's token LUNA (61.5%), Anchor Protocol's token ANC (28.7%), Anyswap's token ANY (8.7%), and Tribe's token (7.9%). Among them, the rise in the ANY token may be related to its recent listing on Binance; Terra's token LUNA reached a peak price of $77.5 today, setting a new historical high.
At the same time, well-known tokens with significant declines include Badger DAO's token BADGER (-36.6%), The Graph (-30%), 1inch's token 1INCH (-29.6%), Band Protocol (-29.5%), 0x protocol's token ZRX (-29%), and dYdX's token DYDX (-28.6%).
3. Important DeFi News
On November 30, the DeFi platform MonoX suffered a hacker attack, resulting in a loss of approximately $31 million.
On November 30, Bancor announced the release of version V3, which will reduce trading and staking costs through automatic compounding rewards and dual rewards.
On December 1, Polygon announced it will host the "zk Summit" on December 9, which may announce a new consensus mechanism; Vitalik has confirmed his participation in the Polygon ZK Summit.
On December 2, BurgerSwap officially upgraded to a one-stop cross-chain aggregation trading platform.
On December 2, the Layer 2 trading platform DeversiFi announced an airdrop for early trading users.
On December 2, the DeFi project Badger DAO suffered a hacker attack, resulting in a loss of $120 million.
On December 4, due to severe fluctuations in Ethereum, mainstream DeFi lending protocols saw liquidations totaling $61.48 million within 24 hours. Among them, Aave's liquidation amount was $47.09 million, and Compound's was $14.19 million.
On December 5, according to DeFillama data, the total locked value in the Terra ecosystem surpassed $13.9 billion, surpassing Solana and Avalanche to rank third.
