• bitcoinBitcoin (BTC) $ 111,429.00
  • ethereumEthereum (ETH) $ 2,659.23
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.44
  • bnbBNB (BNB) $ 685.62
  • solanaSolana (SOL) $ 181.24
  • usd-coinUSDC (USDC) $ 0.999802
  • dogecoinDogecoin (DOGE) $ 0.246058
  • cardanoCardano (ADA) $ 0.809839
  • tronTRON (TRX) $ 0.273810
  • staked-etherLido Staked Ether (STETH) $ 2,653.76
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 111,329.00
  • suiSui (SUI) $ 3.84
  • hyperliquidHyperliquid (HYPE) $ 33.34
  • wrapped-stethWrapped stETH (WSTETH) $ 3,195.08
  • chainlinkChainlink (LINK) $ 16.67
  • avalanche-2Avalanche (AVAX) $ 25.14
  • stellarStellar (XLM) $ 0.304177
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • bitcoin-cashBitcoin Cash (BCH) $ 444.29
  • hedera-hashgraphHedera (HBAR) $ 0.204212
  • leo-tokenLEO Token (LEO) $ 8.88
  • the-open-networkToncoin (TON) $ 3.17
  • litecoinLitecoin (LTC) $ 100.49
  • polkadotPolkadot (DOT) $ 4.96
  • wethWETH (WETH) $ 2,656.30
  • moneroMonero (XMR) $ 380.88
  • usdsUSDS (USDS) $ 0.999734
  • pepePepe (PEPE) $ 0.000015
  • wrapped-eethWrapped eETH (WEETH) $ 2,837.17
  • bitget-tokenBitget Token (BGB) $ 5.43
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • pi-networkPi Network (PI) $ 0.820139
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 111,548.00
  • whitebitWhiteBIT Coin (WBT) $ 31.86
  • bittensorBittensor (TAO) $ 464.65
  • uniswapUniswap (UNI) $ 6.46
  • aaveAave (AAVE) $ 255.49
  • nearNEAR Protocol (NEAR) $ 3.06
  • daiDai (DAI) $ 0.999956
  • aptosAptos (APT) $ 5.74
  • jito-staked-solJito Staked SOL (JITOSOL) $ 218.47
  • ondo-financeOndo (ONDO) $ 1.02
  • okbOKB (OKB) $ 53.10
  • kaspaKaspa (KAS) $ 0.117103
  • internet-computerInternet Computer (ICP) $ 5.70
  • crypto-com-chainCronos (CRO) $ 0.100397
  • ethereum-classicEthereum Classic (ETC) $ 19.65
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 36.04
  • official-trumpOfficial Trump (TRUMP) $ 14.37
  • render-tokenRender (RENDER) $ 5.19
  • gatechain-tokenGate (GT) $ 21.87
  • vechainVeChain (VET) $ 0.030537
  • mantleMantle (MNT) $ 0.759207
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • ethenaEthena (ENA) $ 0.417203
  • susdssUSDS (SUSDS) $ 1.05
  • cosmosCosmos Hub (ATOM) $ 5.19
  • worldcoin-wldWorldcoin (WLD) $ 1.53
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.877382
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.251373
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 110,789.00
  • arbitrumArbitrum (ARB) $ 0.428033
  • algorandAlgorand (ALGO) $ 0.241062
  • filecoinFilecoin (FIL) $ 3.08
  • fasttokenFasttoken (FTN) $ 4.39
  • celestiaCelestia (TIA) $ 2.84
  • bonkBonk (BONK) $ 0.000023
  • jupiter-exchange-solanaJupiter (JUP) $ 0.596279
  • sonic-3Sonic (prev. FTM) (S) $ 0.524569
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.73
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,657.47
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 190.81
  • fartcoinFartcoin (FARTCOIN) $ 1.56
  • blockstackStacks (STX) $ 1.01
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,775.43
  • kucoin-sharesKuCoin (KCS) $ 11.51
  • quant-networkQuant (QNT) $ 97.79
  • optimismOptimism (OP) $ 0.812136
  • injective-protocolInjective (INJ) $ 14.08
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.06
  • story-2Story (IP) $ 4.70
  • immutable-xImmutable (IMX) $ 0.711076
  • sei-networkSei (SEI) $ 0.243752
  • nexoNEXO (NEXO) $ 1.29
  • flare-networksFlare (FLR) $ 0.019550
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,016.45
  • dogwifcoindogwifhat (WIF) $ 1.26
  • eosEOS (EOS) $ 0.766364
  • the-graphThe Graph (GRT) $ 0.121436
  • usdt0USDT0 (USDT0) $ 0.999479
  • xdce-crowd-saleXDC Network (XDC) $ 0.072087
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 111,268.00
  • makerMaker (MKR) $ 1,754.98
  • curve-dao-tokenCurve DAO (CRV) $ 0.815191
  • flokiFLOKI (FLOKI) $ 0.000113
  • raydiumRaydium (RAY) $ 3.42
  • msolMarinade Staked SOL (MSOL) $ 234.81
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,828.12
  • theta-tokenTheta Network (THETA) $ 0.971044
  • galaGALA (GALA) $ 0.020955
  • jasmycoinJasmyCoin (JASMY) $ 0.019209
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 201.82
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014544
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 110,999.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999450
  • paypal-usdPayPal USD (PYUSD) $ 0.999781
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,789.09
  • iotaIOTA (IOTA) $ 0.230630
  • lido-daoLido DAO (LDO) $ 0.967792
  • clbtcclBTC (CLBTC) $ 112,196.00
  • wbnbWrapped BNB (WBNB) $ 685.38
  • pyth-networkPyth Network (PYTH) $ 0.146919
  • coredaoorgCore (CORE) $ 0.836360
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • the-sandboxThe Sandbox (SAND) $ 0.337899
  • spx6900SPX6900 (SPX) $ 0.883646
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,782.91
  • tether-goldTether Gold (XAUT) $ 3,307.13
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.50
  • zcashZcash (ZEC) $ 49.52
  • pax-goldPAX Gold (PAXG) $ 3,311.51
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.81
  • based-brettBrett (BRETT) $ 0.079866
  • bitcoin-svBitcoin SV (BSV) $ 39.20
  • heliumHelium (HNT) $ 4.20
  • walrus-2Walrus (WAL) $ 0.572479
  • thorchainTHORChain (RUNE) $ 2.13
  • pendlePendle (PENDLE) $ 4.61
  • bittorrentBitTorrent (BTT) $ 0.00000076
  • dexeDeXe (DEXE) $ 12.52
  • kaiaKaia (KAIA) $ 0.121989
  • jito-governance-tokenJito (JTO) $ 2.15
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 110,538.00
  • flowFlow (FLOW) $ 0.435578
  • tezosTezos (XTZ) $ 0.656085
  • grassGrass (GRASS) $ 2.43
  • chain-2Onyxcoin (XCN) $ 0.019882
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999445
  • decentralandDecentraland (MANA) $ 0.341577
  • usual-usdUsual USD (USD0) $ 0.997716
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.05
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.246087
  • ousgOUSG (OUSG) $ 111.15
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,660.94
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • super-oethSuper OETH (SUPEROETH) $ 2,659.92
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 111,285.00
  • apecoinApeCoin (APE) $ 0.704096
  • ketKet (KET) $ 0.561591
  • aerodrome-financeAerodrome Finance (AERO) $ 0.679874
  • elrond-erd-2MultiversX (EGLD) $ 19.72
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009681
  • dydx-chaindYdX (DYDX) $ 0.713301
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.005526
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,757.91
  • aioz-networkAIOZ Network (AIOZ) $ 0.469567
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,831.71
  • starknetStarknet (STRK) $ 0.175261
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999754
  • mog-coinMog Coin (MOG) $ 0.000001
  • popcatPopcat (POPCAT) $ 0.546505
  • arweaveArweave (AR) $ 8.01
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,654.96
  • kaitoKAITO (KAITO) $ 2.12
  • tbtctBTC (TBTC) $ 111,441.00
  • axie-infinityAxie Infinity (AXS) $ 3.14
  • conflux-tokenConflux (CFX) $ 0.098496
  • deepDeepBook (DEEP) $ 0.198773
  • wormholeWormhole (W) $ 0.108192
  • true-usdTrueUSD (TUSD) $ 0.999358
  • neoNEO (NEO) $ 7.01
  • movementMovement (MOVE) $ 0.193052
  • telcoinTelcoin (TEL) $ 0.005303
  • pumpbtcpumpBTC (PUMPBTC) $ 108,808.00
  • roninRonin (RON) $ 0.738682
  • eigenlayerEigenlayer (EIGEN) $ 1.60
  • kavaKava (KAVA) $ 0.443327
  • ecasheCash (XEC) $ 0.000024
  • akash-networkAkash Network (AKT) $ 1.72
  • morphoMorpho (MORPHO) $ 1.70
  • aethirAethir (ATH) $ 0.051004
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999807
  • chilizChiliz (CHZ) $ 0.047051
  • beldexBeldex (BDX) $ 0.062754
  • saros-financeSaros (SAROS) $ 0.170727
  • apenftAPENFT (NFT) $ 0.00000045
  • ether-fiEther.fi (ETHFI) $ 1.36
  • beam-2Beam (BEAM) $ 0.008348
  • plumePlume (PLUME) $ 0.179209
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,659.25
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.10
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 38.41
  • wrapped-hypeWrapped HYPE (WHYPE) $ 33.56
  • mantra-daoMANTRA (OM) $ 0.428960
  • syrupMaple Finance (SYRUP) $ 0.381688

Why DeFi Projects Could Be Ready to Outperform: Kaiko Research

0 14

Why DeFi Projects Could Be Ready to Outperform: Kaiko Research

Bitcoin (BTC) took the spotlight from the rest of the crypto market in 2024, but the Trump administration is quickly changing the rules of the game and a rotation into other assets could end up happening, according to crypto data firm Kaiko Research

In fact, the decentralized finance (DeFi) sector isn’t looking too bad, Kaiko research analysts Adam McCarthy and Dessislava Aubert wrote in a new report.

The company’s DeFi index (KSDEFI) has outpaced ether (ETH) since the instrument’s inception in October 2023, bringing in roughly 75% returns in that span of time. That’s remarkable considering that most of the protocols included in the index are built on Ethereum.

(Credit: Kaiko Research)

“This outperformance may persist into the latter half of 2025, as several assets within the index benefit from strong tailwinds,” the report said. “This trend highlights the decreasing correlation between the DeFi index and ETH over time, as the decentralized finance sector continues to expand beyond the Ethereum ecosystem.”

The index is composed of 11 DeFi tokens, the most heavily weighted being UNI, AAVE and ONDO. At least four of these tokens have powerful tailwinds for the rest of the year, the report said.

For example, regulatory developments in the U.S. may open up possibilities for decentralized exchange Uniswap and decentralized lender Aave to implement fee switches for each of their respective tokens, meaning that protocol fees may end up getting distributed to UNI and AAVE holders.

Tokenization protocol Ondo Finance, for its part, will likely benefit from an acceleration of the tokenization trend as Wall Street keeps wading deeper into crypto, the report said.

“Regulatory constraints in key markets have been a significant hurdle [since 2020], but they are only part of the challenge. DeFi has also faced structural issues, including high user friction due to fees and security concerns. However, with regulatory scrutiny easing, the sector now has abundant opportunities for growth,” the report said.

Source

Leave A Reply

Your email address will not be published.