Sept 21–Sept 27, 2026 LookonchainWeeklyReport 🟢 Overview Stablecoin supply grew by $2.79B last week, DEX spot volume fell and perp volume slipped, while public companies added 2,938.0 BTC. 🟢 Stablecoin Market The total stablecoin market cap increased by $2.79B. 🟢 Spot & Perps
Why now
Thesis: Stablecoin expansion and corporate buying support crypto liquidity
Catalyst to watch: Continued stablecoin inflows or DEX volume rebound
Main risk: Falling DEX volumes hint at cooling activity
Why it matters
Stablecoin supply growth and corporate BTC buying signal continued crypto liquidity and demand.
Details
Sept 21–Sept 27, 2026 #LookonchainWeeklyReport 🟢 Overview Stablecoin supply grew by $2.79B last week, DEX spot volume fell and perp volume slipped, while public companies added 2,938.0 BTC. 🟢 Stablecoin Market The total stablecoin market cap increased by $2.79B. 🟢 Spot & Perps Trading Volume on DEXs DEX spot volume fell 6.44% and perp volume slipped 1.71% WoW. 🟢 Protocol Revenue Protocol revenue edged up 3.41% WoW, while USD AI led weekly revenue growth with a 53514% increase. 🟢 Last week, 4 companies increased their $BTC holdings by a combined 2,938.0 $BTC($246.07M). 🟢 Institutional/Whale Activity #Strategy bought 1,666 $BTC($139.53M), and #Bitmine bought 17,362 $ETH($46.82M) last week.
Sources
- x · 2026-09-28 14:15 UTC