According to DefiLlama, the total value of frozen assets (TVL) in the decentralized finance sector exceeded $ 100 billion for the first time.
Unstoppable.https://t.co/bPgTVWPECy pic.twitter.com/wOry5AXACV
– DefiLlama.com (@DefiLlama) April 6, 2021
DeFi protocols on the Ethereum blockchain account for about 80% of the volume, projects on the Binance Smart Chain (BSC) network – about 15%.
The leader in the rating is Compound with an indicator of $ 9.34 billion. In the top 10 protocols of the list, $ 62.4 billion is blocked.
Data: DefiLlama.
DeFi Pulse and DeBank platforms give almost half the TVL for the segment – $ 52.2 and $ 54.3, respectively. Compound’s leadership is confirmed by all three services, but the composition of the top ten of the rating differs.
Data: DeFi Pulse.
According to DefiLlama, at the beginning of 2021, the total TVL of DeFi protocols was $ 20.74 billion.This figure also differs among analytical platforms: DeFi Pulse recorded about $ 16 billion, DeBank – $ 24.6 billion.
TVL approached $ 80 billion at the end of March, according to DefiLlama. Over the past seven days, almost all leading projects have shown double-digit percentage growth. For VakerDAO, SushiSwap and Bankor, it has increased by more than 100% over this period.
In early March, the UNI token of the Uniswap decentralized exchange entered the top 10 cryptocurrency ratings by market capitalization. The coin is still ranked eighth in it.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
