Market Weekly Report | 6.10-6.16

Overview of each track: There is no new narrative in the market, which may be affected by CRV liquidation. The market and each track have fallen by more than 5%

Stablecoin data: USDe's weekly and monthly increases are close to USDT, and the market value has increased by 1.1 billion US dollars in the past month

The total market value of the overall stablecoin in the market is still 26.435 billion US dollars away from the historical high of 188.3 billion US dollars (April 22).

Defi data: Directly affected by CRV liquidation, the TVL of the Defi market fell by 5.18% weekly

L2 data: L2 has performed poorly overall in the past week. Except for Scroll, all of the top 10 L2s in TVL have fallen sharply

The top five L2s in TVL this week are Arbitrum, Base, OP, Blast, and Mantle;

Except for Scroll, there has been a large decline, and Manta, ZKsync, and Starknet have all declined by more than 10% weekly.

Market News:

1: BlackRock executives: BTC ETF is a bridge between crypto and traditional finance

2: Uniswap Labs launches new community survey, using any token to pay for gas has a high support rate

3: Tether CEO: More than 300 million people use USDT worldwide, Tether is the main buyer of US Treasury bonds

4: US Securities Commissioner: Tokenization can provide "security, transparency and immutability"

5: Biden will attend the BTC roundtable

6: Fidelity Digital Assets released a video introduction and said it will continue to pay attention to its development

7: Cardano will give the community control of the treasury's $681 million in funds

8: The cumulative financing amount of the crypto industry in ten years has exceeded $100 billion