Despite the DeFi market drop, Dune Analytics data shows that the number of decentralized finance (DeFi) users is rapidly growing and hit a new all-time high of 4,605,428.
DeFi Market Cap: $126,384,302,237
DeFi Pulse Index: $178.28
The DeFi Pulse Index is a capitalization-weighted index that tracks the performance of decentralized financial assets across the market. Underlying tokens: UniSwap, Loopring, Aave, Maker, Yearn, Compound, Sushi, Synthetix, REN, Rari Capital, Balancer, Badger, KNC, Farm, Instadapp, Vesper and meta.
L2 Solution overview 
The Total Value Locked in Ethereum Layer2 systems: $6.74 billion
DeFi News 
Grayscale DeFi Fund rebalances to Avalanche, Polkadot, Cosmos
- MetaMask update allows Apple Pay users to buy crypto
Videos 
The Best Ethereum Merge Explainer
The Ethereum Merge is the biggest story in town right now as the fruit of tireless core developers’ labour receives its final preparations before taking its place as the centrepiece of an enormous blockchain banquet. Will it blend seamlessly or will it burst asunder and make a horrible mess of everything?
CNBC’s full interview with Cathie Wood on crypto outlook, regulation and DeFi
CNBC speaks to ARK Invest CEO Cathie Wood at the 2022 North American Bitcoin Conference in Miami. Wood addresses the potential for bitcoin, the future of crypto regulation in the U.S. and more.
Earning 
Top stablecoin pools from Defiyield
- Starlay with 110.78% Annual Yield
- Kagla Finance with 83.95% Annual Yield
- Symbiosis with 69.17% Annual Yield
Meme of the week 
Disclaimer: This post is for informational purposes only and should not be relied upon as a basis for investment decisions. Please do not follow any opinion as a specific strategy.
