DeFi Market Fluctuates Wildly as Top Coins See Significant Gains and Losses
The DeFi market is experiencing significant fluctuations in prices and volumes. According to the Yellow.com list, the top DeFi coins are STETH, Lido Staked Ether, Hyperliquid, and Chainlink. STETH has seen a 0.33% increase in price over the past hour, but its one-week change is -9.16%. In contrast, Hyperliquid has gained 1.13% in the last 24 hours.
Chainlink has also shown strong performance, with a 2.91% gain in the past day and a 20.31% increase over the week. However, some coins are experiencing significant losses, such as tBTC, which has dropped -5.74% in value over the last 24 hours.
The market capitalization of DeFi coins continues to grow, with a total value of $24,103,387,281. This is reflected in the increasing volume of transactions and the rise in circulating supply.