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The most profitable cryptocurrencies of the DeFi sector for the week

12:29 pm, September 14, 2022

Over the past week, five cryptocurrencies from the decentralized finance (DeFi) sector have increased in value by more than 20%. The leader was Ampleforth (AMPL), whose value increased by 19.76% and whose exchange rate fluctuates around $ 1.28. The asset’s market capitalization amounted to $ 58.73 million.

Uquid Coin (UQC) took the second place in the top profitability. Over the past seven days, the cryptocurrency has risen in price by 27.57%, and the Uquid Coin rate has settled at $ 10.41. The market capitalization is currently $ 104.06 million.

The third place was taken by Acala Token (ACA). The price of the crypto asset reached $ 0.235, which is 23.72% more than last week. The total supply of coins circulating on the market is currently $ 119.51 million.

Recently, representatives of the Acala DeFi platform reported serious security problems: hackers managed to independently issue $ 1.2 billion worth of AUSD stablecoins. The attackers carried out the hacking attack due to an error in the iBTC/AUSD pool. The vulnerability allowed the hackers to independently issue 785,938 AUSD. Due to the cyberattack, stablecoin lost its peg to the dollar, dropping to its all-time low of $ 0.5713.

The fourth most profitable cryptocurrency was Rocket Pool (RPL), which rose by 23.24% in 7 days. The rate of the digital asset was fixed at $ 32.1, and the market capitalization amounted to $ 330.02 million.

Finally, the fifth place was taken by the digital token Injective (INJ). The digital asset is trading at $ 1.98, which is 21.34% higher than last week. The market capitalization was fixed at $ 144.27 million.

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BTC

$98,640.24

4.26%

ETH

$3,337.39

8.66%

BNB

$634.32

5.70%

XRP

$1.37

25.03%

SOL

$258.53

11.74%

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