bullish

Huobi Token

Huobi Market Share Plummets in 2022

279 Views10 Jan 2023 05:10
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SUMMARY
  • Price Movements: Most Layer 1 tokens have struggled versus ETH since December, but SOL and ATOM have recently outperformed.
  • Market Liquidity: Curve’s 3pool – made up of USDT, USDC, and DAI – has seen its total value locked fall from $5.5bn to just $600mn over the past year.
  • Derivatives: Both SOL and LDO experienced a short squeeze as each token unexpectedly rallied.
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