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Data-Driven Analysis of Cryptocurrency Markets

Crypto

<ul><li>While the market seems to have shrugged it off, crypto – and DeFi in particular – survived an existential risk over the weekend.</li><li>USDC was caught up in the turmoil that hit U.S. banks and depegged amidst fears it was no longer fully backed.</li><li>We covered the reaction in centralized markets in the week’s <a href="https://d2-cwy04.eu1.hubspotlinks.com/Ctc/W+113/d2-CwY04/VVNGBH5nGQDrN404h102Pbt-W861hN74YbXHDN8kT_CN3q90_V1-WJV7CgD7hW7wtQtd6lnV2lW36l4ZB8G9BpJN3zJBD4Gsyz5W7cyqF88D3cWNW73FMh895-_QWW4MRFvR2VqDG8N7hbtbV4SDT7W2X8dmJ3tty0QW3jjSPB7MHn-cW4qJt9185rf5PW10c7RT55fwnNW7MXslk2j8MTnN43kpPkhzGggW4JNTNT2DR0l7W3bvMDt3FWCy8W40GmWv8y29jhW2LxJ9z8mRyPbW558mGZ8dfS3RW8Ght8d813j8bN2xS6GQpfmgNW92DZgR4qkYk1W7GcbJH14-SNvW9brbMG4MDpVdVwhBqM239Qh5W2zl1xH8wFFn8W2VG_F71q1lKHW7WT3-08nbN8nW2n4glf8WbqltW3qbRHt10gxl7W1Bmhgj1fSCZf3qfq1" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://d2-CwY04.eu1.hubspotlinks.com/Ctc/W%2B113/d2-CwY04/VVNGBH5nGQDrN404h102Pbt-W861hN74YbXHDN8kT_CN3q90_V1-WJV7CgD7hW7wtQtd6lnV2lW36l4ZB8G9BpJN3zJBD4Gsyz5W7cyqF88D3cWNW73FMh895-_QWW4MRFvR2VqDG8N7hbtbV4SDT7W2X8dmJ3tty0QW3jjSPB7MHn-cW4qJt9185rf5PW10c7RT55fwnNW7MXslk2j8MTnN43kpPkhzGggW4JNTNT2DR0l7W3bvMDt3FWCy8W40GmWv8y29jhW2LxJ9z8mRyPbW558mGZ8dfS3RW8Ght8d813j8bN2xS6GQpfmgNW92DZgR4qkYk1W7GcbJH14-SNvW9brbMG4MDpVdVwhBqM239Qh5W2zl1xH8wFFn8W2VG_F71q1lKHW7WT3-08nbN8nW2n4glf8WbqltW3qbRHt10gxl7W1Bmhgj1fSCZf3qfq1&amp;source=gmail&amp;ust=1679094172820000&amp;usg=AOvVaw1Ia8KlxebRaewWL8GnHWzS" rel="noopener">Debrief</a>, but given that USDC’s primary use case is in DeFi, this week we’ll examine how the depegging played out on-chain, examining trading, liquidity, and lending and borrowing, with a particular focus on the role that bots played.  </li></ul>

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USD Coin

USDC's Depeg Or: How I Learned to Stop Worrying and Trust the Bots