The total value locked in Defi hits a new all-time high, approaching the $ 200 billion mark
At the time of writing, the Total Locked Out Value (TVL) in Defi is round $ 177 billion throughout numerous blockchains corresponding to Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum has $ 130 billion in TVL, myriad different blockchains proceed to see TVL develop steadily.
TVL has steadily elevated to hit the $ 200 billion area and Uniswap at present has a 3% dominance in the sea of ​​Defi apps. Aave now holds $ 16.04 billion and Curve holds $ 13.92 billion as most of TVL is tied to Ethereum-supported apps.
Source: Defillama
Some different chains have contributed billions of USD to the joint TVL defi, sometimes BSC accounting for about $ 19.05 billion, Terra ($ 7.84 billion), Polygon ($ 5.34 billion), Solana ($ 4.3 billion) , Avalanche ($ 2.36 billion), and Klaytn ($ 1.29 billion).
Source: Defillama
In the world of DEXs, Curve has the largest TVL at $ 13.92 billion, adopted by Pancakeswap at $ 5.94 billion and Uniswap at $ 5.3 billion. For the Ethereum chain alone, there have been international swaps value $ 19 billion amongst 16 totally different DEX platforms in the previous seven days, in accordance with Dune Analytics. In the previous 24 hours, the trading quantity was $ 2.24 billion and Uniswap accounted for 69.2% of the total on 16 DEX platforms.
Uniswap continues to be Ethereum’s prime DEX
Statistics for seven days present that Uniswap processed roughly $ 12,952,621,793 international transactions. About 88% of the quantity comes straight from DEX functions, however the relaxation (11.7%) is routed by means of DEX aggregators like 1inch, 0x API, Matcha and Paraswap. The variety of distinctive addresses in Ethereum-based Defi apps is 3.3 million. The greatest mortgage apps at this time embrace platforms like Aave, Compound, Anchor, Venus, and Cream Finance.
Source: Dune Analytics
According to Defillama’s profit-based TVL rating, Convex Finance stayed in 1st place on Sunday, adopted by Yearn Finance, Alpaca Finance, Traches and Autofarm. The defi-asset with the largest TVL is WBTC at $ 10.05 billion, adopted by HBTC at $ 1.74 billion and MIR at $ 1.01 billion.
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