In this post we describe the DeFi crypto tokens market behavior daily.
Here are the top daily DeFi news:
– Uniswap saw a 43% surge in traffic in September while CEX exchanges saw a drop
Below we provide the table of daily returns and SD for all the DeFi tokens we cover, followed by a scatterplot of the same list.
The following graphs provide picture of the price range for each DeFi crypto token and our DeFi crypto index daily graph compared with BTC.
Top 3 coins
The best DeFi cryptocurrency tokens in terms of performance were Yearn.FinanceII (YFII), Uniswap (UNI), Sushiswap (SUSHI). The graphs are below.
Worst 3 coins
The worst DeFi cryptocurrency tokens in terms of performance were Numeraire (NMR), Maker (MKR), Terra (LUNA). The graphs are below.
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The views expressed in this report reflect the analysts’ personal views about the cryptocurrencies subject of the report. These views may change without notice and are subject to market conditions. The report is prepared for information purposes only and by no means constitutes a solicitation to investment or disinvestment. All the data are taken from Binance at 3.00 pm UTC on the 8th October 2020. USD and USDT are used interchangeably for illustration purposes. All the presented valuations, indicators, and analyses are subject to errors. The report is for personal use only and should not be republished or redistributed