AMM Falls 9.96% as Tokenized Private Credit Leads Sector Gains

Tokenized Private Credit led gains while Automated Market Maker (AMM) posted the steepest decline in a Nov. 14 snapshot of crypto sectors with market capitalizations of at least $2 billion.

At 10:02 p.m. ET Saturday (03:02 UTC Nov. 15), Tokenized Private Credit had gained 2.06% in 24 hours to a $28.43 billion market capitalization. Its trading volume was $2.6 million. The category also led the Nov. 7 sector snapshot.

AMM fell 9.96% to $6.54 billion, the largest decline among the listed sectors. Index Coop Defi Index dropped 9.39% to $5.22 billion, with $1.71 billion in volume. Yield Farming lost 8.78% to $8.17 billion, with $1.24 billion in volume.

Layer 0 (L0) declined 8.13% to $3.25 billion, and its trading volume was $248.4 million. 4chan-Themed fell 7.74% to $11.62 billion, with $1.54 billion in volume.

Tokenized Assets rose 0.59% to $49.80 billion, with $1.25 billion in volume. GENIUS Act Compliant Stablecoin and MiCA-Compliant Stablecoin each gained 0.12%, reaching market capitalizations of $71.90 billion and $69.84 billion, respectively. Their trading volumes were $18.42 billion and $18.43 billion. Fiat-backed Stablecoin added 0.06% to $270.76 billion, with $96.96 billion in volume.

The snapshot listed five gainers and five decliners. Sector labels can overlap, so their market capitalizations and moves should not be added together.