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The volume of assets in DeFi-protocols exceeded $4 billion

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The volume of assets in DeFi-protocols exceeded $4 billion

The total amount of funds frozen in the services of the decentralized finance (DeFi) sector exceeded $4 billion. The most popular asset remains Maker, whose dominance index is over 30%.

According to the latest data, Maker accounts for $1.23 billion of all funds held in smart contracts, protocols, and Ethereum-based decentralized applications.

Compound and Synthetix follow $707.5 million and $506.3 million. Aave comes on the heels of Synthetix $504.7 million.

Related: DeFi project Synthetix switched to decentralized management

Recall, that Synthetix, the largest decentralized derivatives platform, has moved to a decentralized governance model. Now the organization behind the project is to be liquidated.


The post "The volume of assets in DeFi-protocols exceeded $4 billion" appeared first on Blockchain Today.
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