The Defi market analysis for today at current situation. From top coins in Defi to top Dex.

By Jreck | Cryptoanalysisadept | 6 Feb 2021

The top three decentralised coins with highest market cap for today and also decentralised exchange with highest volume.

Let us get started. We will be moving with the top coins and the total share of Defi in total market cap.

The top coin is chainlink with highest trading volume and market cap of 2.4 and 10.2 billion dollars respectively. The price of chainlink is 25.19 dollar with a 24 hour change of -3.7%. Uni is the next coin with highest market cap of 5.8 billion dollars. Trading volume is less than AAVE which is 1.38 billion dollars for uni and for AAVE is 1.8 billion dollars. We are talking about coins in terms of market cap. So, AAVE is the third coin with market cap of 5.5 billion dollars. 88548956c84f0002ef44eade1f114485f478512c3225dba958bba3945a0c08e2.jpg

Total Defi market cap is $64,329,665,398 for today. 24 hour trading volume of all Defi coins is $18,388,216,438. Defi dominance in global market is 5.2 percent. Chainlink dominance is 15.9 percent. TVL(Total Value Locked) for today is $42,572,870,997.

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Let us now talk about DEX.

The top exchange in Defi sector is uniswap (V2) with 24 hour trading volume of $1,517,058,005. There are 1528 total coins available to trade and total number of pairs are 2147. It has total visits of 2,426,000 for today. The most traded pair is USDC/ETH with a volume of $154,217,685.

Sushiswap follows uniswap with a trading volume of $642,332,977. There are 138 coins and 148 pairs in total. Total visits for today is 275,255. The most traded pair is WBTC/ETH with a volume of $131,048,991.

1inch holds the third position with a trading volume of $318,721,007. There are 251 coin and 254 pairs in total. Total number of visits are 883,192. The most traded pair is USDT/ETH with a volume of $65,200,310.

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The total trading volume in DEX for today is $3,935,193,182 and its dominance in defi volume against global is 2.1 percent. That is 2.1-5.2= 3.1 is the dominance of defi coins. Total visits every month for DEX in overall is 9247941.

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SOURCE: COINGECKO.COM

What do you think about the stats for Defi and DEX today? Did you enjoy it or were you bored? Comment down.

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Written and report prepared by,

Jester(da stupid yet cool man, 😂😅)

Cryptocurrency Ethereum (ETH) DeFi Cryptocurrency News Ethereum DeFi

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Jreck

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