A significant market crash last week resulted in the liquidation of over 1.64 million traders, totaling more than $19.2 billion. This volatility led to a surge in decentralized exchange (DEX) volumes, with spot trading reaching $199.3 billion, a 65.36% increase from the previous week. Uniswap and PancakeSwap saw notable increases, with volumes rising to $48.84 billion and $31.62 billion, respectively. The stablecoin market cap grew by $1.65 billion, driven by a $1.6 billion increase in USDT and USDC on Tron, while Ethereum saw a decrease of $829 million. In the derivatives market, DEX perpetuals trading volume rose by 17.76% to $264.53 billion, with Hyperliquid and Lighter leading the gains. Institutional activity was marked by Bitmine's purchase of 202,037 ETH worth $838 million, and Strategy's acquisition of 220 BTC valued at $25.2 million. A notable Bitcoin OG profited over $160 million by shorting BTC and ETH before the crash.