DeFi Spotlight Quarterly

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CoinShares DeFi Spotlight Quarterly

This quarterly publication will look at the key trends, metrics, and the overall health of the DeFi ecosystem. The highlights from this quarter's report are as follows:

  • Total Value Locked (TVL) decreased 70% to $70 billion, mostly due to a fall in token prices rather than withdrawals.

  • Growth in Stablecoin supply and growth of DeFi TVL are highly correlated.

  • Rehypothecation of assets for Q2 peaked at 27% but is now less than half of that.

 

Published onJul 11th, 2022

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