Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
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Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam

THELOGICALINDIAN - At the time of autograph the absolute amount bound TVL in decentralized accounts defi is about 176 billion beyond assorted blockchains like Ethereum Binance Terra Polygon Solana and Avalanche While Ethereum commands 130 billion of the accumulated absolute bound a countless of added defifueled blockchains abide to see TVLs steadily acceleration

Total Value Locked Across All Defi Compatible Blockchains

The absolute amount bound (TVL) in defi today has risen to $176.9 billion with a change of 1.07% during the aftermost 24 hours, according to defillama.com statistics. The TVL has been steadily advancing the $200 billion area and today Uniswap commands 3% ascendancy amid the array of defi applications. The defi appliance Aave commands $16.04 billion and Curve captures $13.92 billion today as best of the TVL is bound into appliance bolstered by the Ethereum chain.

A cardinal of added chains, however, accept been accidental billions to the all-embracing defi TVL. While Ethereum (ETH) has about $130.07 billion on Sunday, the Binance Smart Chain (BSC) has about $19.05 billion TVL. This is followed by Terra ($7.84B), Polygon ($5.34B), Solana ($4.3B), Avalanche ($2.36B) and Klaytn ($1.29B). The latest barrage of the Arbitrum mainnet ascent band-aid for Ethereum has about $2,343,531 TVL on Sunday.

As far as decentralized barter (dex) platforms are concerned, Curve has the best TVL today with $13.92 billion followed by the BSC-powered Pancakeswap with $5.94 billion and Uniswap has $5.3 billion TVL. For aloof the Ethereum alternation alone, amid 16 altered dex platforms, Dune Analytics dex stats appearance there’s been $19 billion in all-around swaps during the aftermost seven days. $2.24 billion in 24 hours and Uniswap commands 69.2% of all the dex aggregate beyond 16 dex platforms.

Uniswap Remains Ethereum’s Top Dex, Unique Defi Addresses Rise to 3.3 Million

Seven-day stats appearance Uniswap exchanged about $12,952,621,793 in all-around trades. 88% of the aggregate stems anon from dex applications but the blow of the aggregate (11.7%) are funneled through dex aggregators like 1inch, 0x API, Matcha, and Paraswap. The cardinal of defi users or different addresses beyond Ethereum-based defi apps is 3.3 million. The better lending apps today accommodate platforms like Aave, Compound, Anchor, Venus, and Cream Finance respectively.

As far as yield-based TVL rankings on defillama.com are concerned, Convex Finance holds the top position on Sunday. This is followed by Yearn Finance, Alpaca Finance, Tranches, and Autofarm. The better defi asset in agreement of TVL is captivated bitcoin (WBTC) with $10.05 billion locked. The second-largest defi asset is hbtc (HBTC) with $1.74 billion and mirror (MIR) with $1.01 billion.

What do you anticipate about the defi TVL advance beyond assorted blockchains? Let us apperceive what you anticipate about this accountable in the comments area below.

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