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These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022

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These Are the Crypto Economy's 10 Most Expensive Assets per Unit in 2022

A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The following is a look at the top ten most expensive crypto assets in 2022, in terms of USD per unit.

The Top Ten Most Expensive Crypto Assets in 2022


At the time of writing, the top four most expensive digital currencies today are worth 5-digits in value against the U.S. dollar. For instance, the price of bitcoin (BTC) is around $38K per unit, and BTC, WBTC, and Huobi BTC (HBTC) are the top three most expensive crypto assets.

Of course, HBTC and WBTC are tokenized forms of bitcoin, which means — give or take a few percentages — they are all roughly the same price per token. Meanwhile, the fourth-most expensive crypto-asset, which is also 5-digits in USD value, is the token yearn finance (YFI).

Currently, YFI is changing hands for $28,425 per unit. The next two tokens are ethereum (ETH) and a tokenized ethereum coin called lido staked ether (STETH). Similar to the tokenized BTC projects, ETH and STETH are roughly the same price.

However, ETH is trading for $2.7K per unit which is only four digits in USD value. Another four-digit contender following ETH and STETH is maker (MKR), which is swapping hands for $1,800 per unit.

The aforementioned digital currencies represent the top seven most expensive crypto assets today. Below maker (MKR) is binance coin (BNB), trading for three digits in USD value at $417 per unit, bitcoin cash (BCH) at $337 per coin, and kusama (KSM) at $228 per unit.

While BNB, BCH, and KSM represent the last of the top ten most expensive, ten more coins below KSM are trading for three digits in USD value. These include aave, monero, elrond, compound, quant, litecoin, solana, dash, zcash, and bitcoinsv. Every coin below bitcoinsv (BSV) is trading for under $100 per coin.

What do you think about the top ten most expensive crypto assets and the triple-digit coins below the top ten? What do you think about looking at the crypto economy from this perspective? Let us know what you think about this subject in the comments section below.

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

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Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve’s total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile, native assets for the top nine smart contract platforms have seen seven-day gains improving from the week prior’s price slump.

Defi TVL Jumps 2.3% Higher This Week

Today’s top smart contract platform tokens are up in value against the U.S. dollar according to weekly statistics. The top three tokens, ethereum (ETH) jumped 5.1% this past week, binance coin (BNB) spiked 11.4%, and solana (SOL) increased 8.7%.

Out of the top nine, the biggest gainers like near (NEAR) increased 31.3% and terra (LUNA) jumped 23.5% this week. Polygon (MATIC) made an impressionable 15.5% jump and polkadot (DOT) increased by 10.3% against the U.S. dollar.

On January 15, the TVL in defi today is 2.34% higher than it was on January 8, when the TVL metric was $233.95 billion. Today, there’s $239.44 billion and $146.54 billion is held on the Ethereum blockchain. Ethereum’s defi dominance, in terms of TVL, is 62.63% of the total value locked in decentralized finance on Saturday.

The second-largest TVL belongs to Terra as the network commands $19.01 billion, but that’s only 8.12% of the aggregate TVL in defi. While Terra’s TVL in defi jumped 22.03% this week, it is followed by Binance Smart Chain (BSC) with $15.21 billion.

Meanwhile, Fantom’s TVL jumped higher than Terra’s this past week increasing 26.33% to $7.12 billion. Osmosis (OSMO) increased 18.60% this week rising to a $1.36 billion TVL in its defi protocols.

A number of defi chains saw TVL increases this week except for Ethereum, BSC, and HECO. Defi chains that saw TVL increases include Terra, Avalanche, Solana, Fantom, Polygon, Tron, Arbitrum, Cronos, Osmosis, Klaytn, Waves, and Harmony.

Ethereum NFT Sales Dominate, Cross-Chain Bridge TVL Increases 4.6% in 30 Days

In terms of non-fungible token (NFT) sales across the myriad of blockchain networks, Ethereum is the most dominant chain. Ethereum’s NFT sales are followed by NFT sales on networks like Solana, Ronin, Flow, and Wax.

Ethereum’s NFT sales saw a 51.29% increase during the last 24 hours while Tezos NFT sales jumped by 33.16% during the last day. Moreover, the Looksrare NFT marketplace is still seeing a lot more daily volume than Opensea’s 24-hour NFT volume.

During the last day, Looksrare’s volume was $504.37 million while Opensea’s recorded 24-hour volume was $166.09 million. The total value locked (TVL) in cross-chain bridges is $25.03 billion on Saturday which is up 4.6% over the last 30 days.

The top five largest TVLs in cross-chain bridges include Polygon ($6.3B), Avalanche ($5.5B), Ronin ($4.9B), Arbitrum ($3.2B), and Fantom ($1.9B).

What do you think about the recent defi action this past week? Let us know what you think about this subject in the comments section below.

Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%

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Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates by 58%

Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped ​​8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84% dominance.

Value Locked in Defi Takes a Hit, TVL Down 2.8% in 24 Hours

  • Since digital currency markets have been dropping in value during the last few days, the value locked in decentralized finance has slipped as well. In four days, the TVL in defi dropped 8.55% from $255.84 billion to today’s $233.95 billion.
  • Curve Finance holds the largest TVL today and is dominant by more than 9.84% with $23 billion locked. This is followed by Convex Finance, Makerdao, Aave, WBTC, and Instadapp, respectively.
  • The biggest seven-day drop in terms of a defi protocol’s TVL in the top ten protocols is Lido, which lost 14.03% this week. The decentralized exchange (dex) Uniswap lost 9.44% this week and WBTC shed 7.63% due to bitcoin’s (BTC) downward price drop.
  • Ethereum still holds the most TVL in defi as far as blockchains are concerned with $147.9 billion on Saturday. Ethereum’s TVL represents 58.18% of the aggregate TVL in defi today.
  • Ethereum is followed by Terra ($16.61B), Binance Smart Chain ($15.33B), Avalanche ($10.93B), Solana ($10.03B), and Fantom ($5.67B) respectively.
  • 30-day statistics for cross-chain bridges today show the TVL has slipped 10.4%. The top cross-chain bridge with the most TVL on Saturday is Polygon’s TVL with $6.1 billion. This is followed by Avalanche ($5.4B), Ronin ($4.9B), and Arbitrum ($2.8B).
  • The top six performing smart contract crypto assets during the last seven days include fuse (FUSE), cypherium (CPH), noah decentralized state coin (NOAHP), harmony (ONE), internet computer (ICP), and chainlink (LINK), respectively.
  • The six worst-performing smart contract crypto assets this week include poa network (POA), gather (GTH), dusk network (DUSK), kadena (KDA), enigma (ENG), and oneledger (OLT).

What do you think about the recent defi action this past week? Let us know what you think about this subject in the comments section below.

Defi Lending Startup Aave Launches Permissioned Platform to Entice Financial Institutions

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On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional financial institutions with defi.

KYC-Centric Defi Liquidity: Aave Launches Aave Arc Permissioned Protocol for Financial Institutions

Aave has launched a permissioned platform called Aave Arc on Wednesday, a new protocol dedicated to financial institutions that want to particpitate in defi in a compliant manner. Aave is a popular defi lending platform and the defi protocol has the third-largest total-value locked (TVL) today. Metrics show that Aave has a $14.52 billion TVL spread across three blockchains including Ethereum, Avalanche, and Polygon.

The crypto custody firm Fireblocks has approved 30 financial entities to join Aave Arc. The list includes firms like Ribbit Capital, Coinshares, Hidden Road, Wintermute, and Celsius. Aave revealed the Aave Arc concept in July 2021, and in mid-November it was disclosed that Fireblocks was the first whitelister. The defi startup also described how Aave Arc would work after explaining that defi was “inaccessible to traditional financial institutions.”

“Aave Arc is a permissioned market based on the Aave V2 market,” Aave said at the time. “In the spirit of innovation and experimentation, Aave Arc creates a Web3-native experience for financial institutions to harness the power of defi in a permissioned sandbox environment.” The defi startup added:

True to the values of defi, Aave Arc is designed to be fully decentralized and governed by Aave Governance. ‘Whitelisters’ that KYC and onboard institutions and corporations onto Aave Arc can be appointed or removed by Aave protocol governance.

Whitelister Fireblocks Envisions ‘Institutional Interest in Cryptocurrency Accelerating in 2022’

Essentially, the new platform allows traditional finance companies to participate with the Aave system but leverage a permissioned liquidity pool. The crypto custody firm Fireblocks believes that more institutions will embrace cryptocurrency and the belief is the company’s top prediction for 2022. “Institutional interest in crypto will accelerate in 2022,” Fireblocks says in a blog post.

“This adoption will gain more momentum from developments in post-trade infrastructure that are currently being implemented across the marketplace,” Fireblocks 2022 prediction post adds.

Aave’s native crypto asset, aave (AAVE) has a market valuation of around $3.47 billion on January 5, 2022, and $294 million in global trade volume. Weekly stats show AAVE is up over a percent, two-week metrics indicate the asset has gained 38.1% and year to date, AAVE has gained 135%.

What do you think about the permissioned defi platform Aave Arc? Let us know what you think about this subject in the comments section below.

Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance

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The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on the dominance with $21.27 billion. Meanwhile, out of several blockchains, Ethereum dominates the defi TVL with 62.91% or $160.96 billion out of the aggregate $255.84 billion locked today.

Defi TVL Increases 4% During the First 4 Days of 2022

Money is flowing back into decentralized finance (defi) and a number of defi tokens are swelling in value. Statistics from defillama.com show the TVL in defi hit a low of $228.13 billion on December 11 and since then, it’s jumped 12.14% in value. On the first day of 2022, the TVL in defi was $245 billion and it’s increased 4% to date reaching $255.84 billion on Tuesday.

The $255.85 billion is tallied between numerous blockchains like Ethereum, Terra, Binance Smart Chain (BSC), Avalanche, Solana, Fantom, Tron, Cronos, Polygon, Arbitrum, Harmony, Waves, Ronin, Heco, Thorchain, Near, Smartbch, Elrond, and Osmosis.

Ethereum’s TVL across 383 protocols is $160.96 billion today followed by Terra’s $19 billion across only 14 defi protocols. BSC commands $16.57 billion on Tuesday across 263 defi protocols.

While Terra and BSC are the second and third-largest defi TVLs, they only represent 22.09% of the value locked in Ethereum defi protocols today. Terra has seen a 1.98% TVL increase during the last week, but Fantom jumped 28.96% to $6 billion, and Osmosis spiked 40.43% and crossed the $1 billion zone.

Curve Dominates With 9.55% of the TVL in Defi, Fuse Jumps 183%, Top 7 Smart Contract Networks See Weekly Losses

Metrics show that Curve commands the largest TVL in defi today across seven different chains with $24.44 billion and 9.55% dominance amid the $255.84 billion locked. Curve is followed by Convex ($21.27B), Makerdao ($18.28B), Aave ($14.62B), Lido ($12.48B), WBTC ($12.11B), and Instadapp ($10.88B).

Today, the TVL in cross-chain bridges to Ethereum totals $24.67 billion, which represents a 1.5% change in 30 days. The number of unique addresses among the cross-chain bridge TVL in 30 days is 87,855 addresses.

Polygon bridges rank the largest TVL on Tuesday with $6.6 billion, and Ronin has $6.1 billion. This is followed by Avalanche ($5.8B), Arbitrum ($2.8B), Fantom ($1.4B), and Optimism ($538M). The top seven smart contract blockchain platforms by market valuation are all down in value between 3.2% to 12.5% during the last week. The seven smart contract blockchain platforms include Ethereum, Solana, Cardano, Polkadot, Terra, Avalanche and Polygon.

Meanwhile, the eighth through tenth-largest smart contract networks Chainlink (+5.3%), Algorand (+3.2%), and Near (+12.6%) have seen seven-day gains. The biggest smart contract network seven-day gainer this week was fuse (FUSE) jumping 183.6% against the U.S. dollar.

Enigma (ENG) increased 48.8% in seven days and velas (VLX) swelled by 35.7% this week. Velas Network AG just partnered with the Italian luxury sports car manufacturer Ferrari. The largest smart contract platform loser this week was poa network (POA) shedding 49.8% in value, followed by cypherium (CPH) losing 37.8% in seven days.

What do you think about the recent defi action this past week? Let us know what you think about this subject in the comments section below.