TLDR Crypto · GUIDES & TUTORIALS

CRYPTO ECONOMY SNAPSHOT: NOVEMBER 2023

data.flipsidecrypto.com7 min read

Summary from the TLDR Crypto newsletter

While November was a mostly positive month in terms of price for crypto assets, the Flipside Crypto Economy Snapshot revealed a more mixed performance, with DEX transaction volumes showing instability due to SEC actions on Binance and Kraken and ETF-related rumors. Despite a 20% drop from the month's start, there was a 13% growth in TVL across the board. This overview of the crypto economy shows Ethereum L2s outperforming direct competitors in new smart contract deployments.