The total stablecoin market cap decreased by $2.19 billion during the week of October 19–25, 2026, according to Lookonchain's weekly report. Decentralized exchange activity also contracted, with spot volume falling 12.21% and perpetual futures volume dropping 8.59% week-over-week. Protocol revenue declined 10.57% WoW, though Central City stood out with a massive 14,393% increase in weekly revenue growth.
On the institutional front, two public companies collectively added 6,202 BTC ($494.23 million) to their holdings last week. Strategy neither sold nor bought back any Bitcoin during the period, while Bitmine purchased 10,452 ETH ($24.13 million).
Stablecoin Supply Drops $2.19B as DEX Volumes Decline; Public Companies Add 6,202 BTC
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
