The decentralised finance sector has set another record: the value of assets locked in protocols has for the first time exceeded $5 billion, according to DeFiPulse
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Over the last 24 hours this metric rose by 11.7%, reaching $5.24 billion. MakerDAO accounts for 28.29% of the market.
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\nSource: DeFiPulse.
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The Aave protocol increased the volume of locked funds by 34% over the last 24 hours, bringing this figure to $734 million, and rose to third place.
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Leading the gains in the sector are yEarn Finance and Curve, which added 171% and 149% respectively over the day.
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Against a backdrop of continued growth in the DeFi sector, the average transaction fee in the Ethereum network updated to a historical maximum on Thursday, August 13. At present the figure stands at $6.4, according to Blockchair.
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In recent days there have been a number of high-profile events in DeFi. Yesterday the token of the experimental Yam project collapsed by 99% after a failed attempt to fix a critical vulnerability. Prior to that, users locked assets worth $600 million in the protocol.
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On the eve, an anonymous developer triggered an unscheduled launch of Curve protocol governance contracts, after which he distributed its CRV tokens ahead of their official announcement. To do this he used the project’s source code on GitHub.
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