WHILE HINTING AT

Last updated: June 17, 2025, 11:48  |  Written by: Emin Gün Sirer

While Hinting At
While Hinting At

April Fared Relatively Well For

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

DeFi Tokens Are April's Biggest Losers as Revenues Fall; Memecoins

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)

April Fared Relatively Well For

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

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)

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April Fared Well For Memecoins

Meme coins suffer the biggest outflow in open interest

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

Emin Gün Sirer can be reached at [email protected].

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