Coinstack
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All things Ethereum, Bitcoin, DeFi, Blockchain, Crypto, and Web 3.0. With analysis of the macro trends and technological innovation as we build the future of money.
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This week, the DeFi sector came out on top as the best performer (8.58%).
Leading the sector this week was
THORChain's $RUNE with a substantial 52.4% return.
StepN is a web3 lifestyle application that allows users to earn GST or GMT tokens while walking, jogging, or running outdoors.

Daily depositors have soared from under 500 at the start of Feb to a new high of 3.6K yesterday.
VC Deals in the Crypto/Blockchain space continues to grow with over $10B invested in Q4 2021
DEX aggregators have ~25% market share
NFT aggregators have ~10% market share

~98% of HopProtocol’s volume comes directly through the app rather than from aggregators.
Over 2,000,000 ETH have been burned since the EIP-1559 launch

That’s over $5.7 billion dollars burned forever.
Lido Holds 25% Of ETH2 Deposits
Question: What are the top performing DeFi pools you are currently part of? What yields are you getting and on which protocols?
Ethereum surpasses P&G, Exxon Mobil, Nestle, and Bank of America in marketcap.
Total NFT sales volume on Ethereum has now exceeded $50B.
A great article on crypto yield and stablecoins from Ken Chia at Abra.
Mango Markets adds 2,700 new users in 2022
dYdX crossed $500b in cumulative volumes roughly 1 year after launching its Layer 2
Ethereum has now surpassed Walmart and Samsung in marketcap.
There is now $6.7B locked in Layer 2’s on Ethereum.

That’s an 20% increase over the past 30 days.
Over 180k ETH was withdrawn from centralized exchanges in the last 2 weeks.

Since then the price of ETH has appreciated by 32%.