Total assets in DeFi protocols exceed $4 billion

The total value locked in DeFi services has surpassed $4 billion. The most popular asset remains Maker, whose dominance index stands at over 30%.

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Source: DeFiPulse

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

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Followed by Compound and Synthetix at $707.5 million and $506.3 million. Aave sits just behind Synthetix at $504.7 million.

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Earlier this week, the decentralized derivatives platform Synthetix moved to a decentralized governance model.

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As reported in CoinGecko released the first edition of the book ‘How This DeFi Works’ in Russian. The book examines various elements of the decentralized finance ecosystem and offers step-by-step instructions to help interact with DeFi products.

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