Crypto
DeFi Market Sees Volatility as Venus Surges and Capricorn Plummets
The DeFi market is showing some volatility with several assets experiencing significant price fluctuations. The top-gainer in the past week was Venus, which rose by over 10% to reach a price of $3.12.
Other notable gains were seen in Magma Finance, up 42.10%, and Tellor Tributes, which climbed 11.10%. On the other hand, losses were reported for several assets, including Flying Tulip, down 1.53%, and Capricorn, which fell 3.10%.
The market capitalization of DeFi tokens has been steadily increasing, with some assets reaching new highs. The total market cap currently stands at over $53 billion, with a 24-hour trading volume of over $4.5 billion.