COMMITMENT OF

Last updated: June 18, 2025, 14:58  |  Written by: Brian Armstrong

Commitment Of
Commitment Of

The Outlook Completely Flipped In

April fared relatively well for memecoins, such as dogecoin (DOGE) and shiba inu (SHIB), but marked big losses for decentralized finance (DeFi) tokens, including aave (AAVE)

The outlook completely flipped in April, with memecoins being the worst performer, while large cap Layer-1s took the spotlight. This often occurs in market corrections

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DeFi Tokens Were The Biggest Losers In April As Revenues Drop

Meme coins suffer the biggest outflow in open interest

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April Fared Well For Memecoins

April fared well for memecoins like dOGE and SHIB but the DEFI tokens were the biggest losers the same month like Aave, RUNE, and more, as the research from Kraken

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April Fared Relatively Well For

DeFi Tokens Are April's Biggest Losers as Revenues Fall - CoinDesk

April fared relatively well for memecoins, such as dogecoin and shiba inu, but marked big losses for decentralized finance tokens, including aave and thorchain (RUNE)

Brian Armstrong can be reached at [email protected].

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