The Midas team has prepared a summary of the DeFi market, events, and important news that happened last week.
More smart DeFi ideas and memes (of course) – Discord and Telegram channel. Stay tuned!
DeFi Overview 
The decentralized finance market saw a small drop last week as the total value locked (TVL) in DeFi projects fell from $194.17 billion to $187.77 billion.
Data from Dune Analytics reveals that the number of decentralized finance (DeFi) users has hit a new all-time high of 4,317,725.
DeFi Market Cap: $103,174,020,248
DeFi Pulse Index: $179.75
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 
TVL: $5.46 billion
Videos 
Top Fantom & Terra DeFi Farms with Insane APY’s For February!
What to do in Bear Market?
Earning
Yield farming pools from Defiyield
- 2omb Finance: 2OMB/WFTM – 1,569% APR
- 0xDAO: OXD/USDC – 1,507% APR
- veDAO: MIM/WEVE – 1,278% APR
- Tulip Protocol: GENE/RAY – 2,814% APR
- Francium: BASIS/USDC – 2,496% APR
2022 The Year of The DAO w/DxDAO
MetaMask Swaps: The Optimized DeFi Trading Experience
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.
