Crypto
DeFi Market Sees Wild Fluctuations as Top Assets Surge and Plunge
The DeFi market has seen significant fluctuations in recent times, with some assets experiencing gains of over 100% in a week. According to data from Yellow.com, Gains Network (GNS) is one of the top performers, having surged by 70% in the last 24 hours. Other notable gainers include Kernel DAO (KERNEL), Wanchain (WAN), and Optio (OPT).
On the other hand, some assets have seen significant losses. Marinade (MND) has dropped by over 50%, while Mitosis (MITOSIS) has fallen by nearly 27%. The price of YNETHXyETH MAX (YNETHXyETH) has also declined by over 9%.
The market capitalization of the top DeFi assets has also been affected, with some experiencing significant growth. The total market cap of DeFi assets has reached $11.8 billion.