Value locked in DeFi protocols tops $11 billion

The total value of assets locked in DeFi protocols has surpassed $11 billion. According to DeFi Pulse, the most popular asset remains Uniswap.

As of writing, its dominance index stood at 18.58%. Of the total locked value, Uniswap accounts for $2.07 billion. This makes it the leading asset in the DeFi sector, having surpassed that amount.

Data: DeFi Pulse.

Second place, by a narrow margin, is Maker — $1.95 billion. In third place is Aave with $1.53 billion. Fourth is Curve Finance with $1.26 billion, and fifth is WBTC with $952.2 million.

Data: DeFi Pulse.

Last week, the amount of assets locked in DeFi protocols at one point approached $12 billion, but subsequently fell below $10 billion.

Readers can read in a ForkLog special feature on how the decentralized exchange Uniswap achieved success and surpassed the largest US exchange Coinbase in trading volume.

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