Data: DeFi transaction volume increased by 740,000 in 7 days, total locked value decreased from 52 billion dollars to 42 billion dollars

2022-11-11 19:05:04

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ChainCatcher news, according to DappRadar data analysis, after the FTX explosion event, blockchain dapp activity has significantly increased. Among them, Ethereum chain transactions rose from $7.18 billion on November 7 to $23.47 billion on November 10.

The activity of dapps in the DeFi sector has increased across all blockchains, rising from 1.46 million transactions on November 7 to over 2.2 million transactions on November 10. However, due to the impact of FTX, the total value locked in the DeFi sector has decreased from about $52 billion to the current approximately $42 billion. Users have shifted funds from risky projects, with Solana's UAW tripling in the past 7 days.

In addition, the NFT sector has seen an increase in trading volume, with the number of traders on MagicEden increasing by 89% to 92,181 over the past 7 days, while trading volume surged 402% to over $29 million during the same period. Opensea had 120,148 users trading in the past 7 days, a year-on-year increase of 5.6%. (source link)

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