Market Analysis Report (15 Jul 2022)

Several tokens are leading the charge in the last 7-day period. Some of these are well-known cryptocurrencies with more liquid trading pairs, so we’ll be focusing on these over low-cap cryptos that may have higher percentage changes.

Uniswap (UNI) – Uniswap is a decentralized exchange using an automated liquidity protocol on the Ethereum network. Unlike traditional centralized exchanges it does not use an order book, and allows traders to trade directly from their ETH wallets without any intermediaries, making it censorship-resistant.

Quant (QNT) – Quant is a cryptocurrency project launched in June 2018 that aims to connect blockchains and networks globally without sacrificing efficiency. It aims to allow applications to operate on multiple blockchains through the creation of the first blockchain operating system.

Aave (AAVE) – Aave is a decentralized non-custodial money market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion.

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