Happy Friday, everyone. I'm Jen Sanasi, and you're listening to Markets Daily from

Coin Desk. On today's show, we are passing it over to Coin Desk Indeces for some weekly

market insights. This is CoinDesk Indices, and let's look at some key digital asset

takeaways from this week. And stick around.

We'll have additional analysis from Greg Magadini,

Director of Derivatives at Amber Data.

First, Tracy Stevens, senior index manager at CoinDesk Indecese

provides market highlights for the week-ending August 9th,

with data from the 4 p.m. close on Wednesday the 14th.

Over the past week, the CoinDesk 20 has gained 7% as digital assets are recovering from last week's global risk-off event across asset

classes. The index is currently trading at 1906, well under its all-time high of 2823 in March of this

year. Smart Contract platform surged 33% this week,

the largest gain among the 20, 5 assets overall increased more than 10% over the 7-day period,

including Near Protocol, Litecoin, Uniswap, and Ethereum.

Solana, on the other hand, is a relative underperformer.

Sol is near flat this week as the alternative Layer 1 smart contract platform

failed to participate in this week's recovery.

Now here is market analysis from Greg Magadini, Director of Derivatives at Amber Data.

Last week, traditional financial markets open the Monday, August 5th session in a state of panic.

The VIX, the Equity Volatility Index, surged to 65,

approaching levels seen during the peak of the 2008 financial crisis and the height of COVID-19 fears.

Similarly, the V-VIX, the volatility index of the VIX itself, spiked near 200.

...