DeFi Market Roundup: Today’s Winners and Losers

Today’s Biggest Winners Five of the top 100 DeFi cryptocurrencies by market capitalization have gained more than 10% in the last 24 hours, and Nexus Mutual (NXM), a decentralized insurance provider, is currently at the top of the pack with 11.8% gains—and has now reached $46.10. The token for Uniswap alternative SushiSwap (SUSHI) is strongly in the green today, climbing back to $2.85 after gaining 24.7% (and 14.6%) in the last hour.

Today’s Biggest Losers Though much of the DeFi market is strongly in the green today, several projects have been hit with staggering losses. Today’s worst-hit project is bZx Besting Token (VBZRX), which collapsed by 64% following a suspicious pump that saw it gain 500% in just minutes yesterday.

Timeline of Nexus, Sushiswap, Nxm