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PolygonInsights - WEEK44

Polygon Team
Polygon Team
Nov 9, 2022
Polygon Analytics
Polygon_Insights_Week_44

Hola readers! J.P.Morgan and Singapore’s regulatory authority made their first live trade in DeFi which was #PoweredByPolygon; Franklin, a service that empowers businesses and organizations with blockchain-based payment instruments, launched its open beta version for testing on the Polygon; and Liminal, wallet operations infrastructure platform, announced support for Polygon’s blockchain.

Let’s dive in.

Polygon Network Analysis

Key takeaways: 

  • DeFi dApps on Polygon had an incredible week, with 17 of the Top 20 dApps closing significant gains. Best performing DeFi dApps by users were: Uniswap V3 (41k, +35%), Quickswap (25k, +28%), Stargate (22k, +146%), and Aave (21k, +282%). 
  • As per CoinGecko, Polygon’s average weekly market cap increased for the third consecutive week, reaching a whopping $9 Bn+ in the past week.
Polygon dApp Spotlight
Polygon_Insights_Week_44_DApp_Highlights
Polygon NFT Highlights
Polygon_Insights_Week_44_NFT_Highlights

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