Polygon News

November 9, 2022

PolygonInsights - WEEK44

Polygon News

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

For in-depth weekly analysis threads, view our Analytics resources on GitHub. We are also happy to welcome you to our official Discord server or answer your questions via GitHub Discussions.

Tune in to the Polygon Blog for the latest ecosystem updates, and let's bring the world to Ethereum!

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