Uniswap Ignores Price Crash; Stablecoin and Derivatives Data Offer Glimpse of Hope

Data Digest

• Uniswap v3 performs through crash
• BTC options OI and volume fall in tandem
• Sharp increase in stablecoin issuance
• Leaders of the market’s relief rally

Key Takeaways

• Uniswap v3 is unfazed by the recent crypto drawdown, and it’s TVL hit an all time high despite prices dropping across the board.
• v3’s unique price curve has the ability to minimize IL (if