Stablecoin market cap falls $855.9M last week, Lookonchain says

Total stablecoin market capitalization fell by $855.94 million from a week earlier last week, according to Lookonchain’s weekly report. Over the same period, decentralized exchange spot trading volume dropped 19.34%, while perpetual futures trading volume rose 8.20%. Blockchain protocol revenue also increased 4.44%, and Base App posted the largest weekly revenue gain at 519%.