🦄 Recap: DeFi Week of May 10

Hello Defiers! Hope you’re having a great weekend. Summing up the past week: What a rollercoaster! The crypto market started the week on fire, especially ETH climbing to a new high of $4,350 and dog-themed meme coins like DOGE and SHIB ripping higher. BTC was also trading above $55k. We covered the hype in the market at the start of the week by analyzing how many of the top 10 gainers had any real use — it turned out not many did. We also reported that traders were positioning for a pull-back.

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