1/📸Here is the monthly catch-up of Global #DeFi market analysis for SEPTEMBER '22.

September was interesting and see few narratives taking the lead as part of the #realyield subject. So Where are we in #DeFi ?

2/ TVL on #DeFiLlama  is at 55b$ at 30/Sept, Decreasing again by -8% for the 2nd consecutive month.

https://pbs.twimg.com/media/FejRsBSWQAAZYxX.jpg

3/ On the other hand, #crypto total market cap decreased dow to 0.9b$, so -6% since last month.As you can see both trends TVL/MC are similar, that tells me that there no big movement in or out.

https://pbs.twimg.com/media/FejS2UkWQAMoTlz.png

4/ Now according to @TheBlock__ stablecoin MC is very steady and sits at 142b$. However you can see some rotation between $USDT (+1% in Sept) and $USDC (-2%). Most likely because @circlepay blocked adresses due to Tornado cash story!

Solution => Diversification

https://pbs.twimg.com/media/FejUlygWQAIL6hG.png

5/ $EUR stablecoin MC is also stable in September, no real change sitting at 640m$ Market Cap, which is only 0.44% of #stablecoins MC.

https://pbs.twimg.com/media/FejWaQwXwAEaZZV.png

6/ But $EUR is still losing its power against $USD and has breached the 1:1 threshold, and is now traded at 0.97$!!It's a -24% fall in almost two years:

https://pbs.twimg.com/media/FejXlzyXoAIBDR4.png

7/ So here, nothing changed, and this steady state is governed by macro economics of course. I encourage you to read the below masterpiece made by @rektdiomedes