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DeFiLlama’s Movers tool shows August’s crypto winners fading as yields climb

DeFiLlama’s Movers tool shows August’s crypto winners fading as yields climb

DeFiLlama’s Movers dashboard is showing an increase in divergence in the crypto world. Some of the tokens which were responsible for the rise in August are well above their competitors in 30 days, but some of them are beginning to lose ground in the last seven days.

This is important because this weakness is manifesting itself in the strongest momentum trades in the market rather than the overall crypto market of large capitalization.

This instrument included in the DeFiLlama’s token rankings can show users the performance of the top 100, 200 or 300 assets for the 24-hour, 7-day and 30-day periods. The September 12 update displays that Zcash ($ZEC), Uniswap ($UNI), Hyperliquid ($HYPE), $XRP and Solana ($SOL) have still shown a…

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