MakerDAO has become the first decentralized finance protocol to hit $1 billion in total value locked. The lending protocol now dominates the DeFi space with nearly 28% share. Overall, DeFi protocols now have more than $3.60 billion in total value locked. MakerDAO has become the first decentralized finance (DeFi) protocol to hit $1 billion in total locked value. This means that MakerDAO users currently have $1 billion worth of funds locked in the protocol for lending purposes. According to DeFi Pulse, the lending protocol now dominates the DeFi space with nearly 28% share. MakerDAO is followed by Compound and Synthetix, which have around $764 million and $423 million in total value locked, respectively. Aave, Balancer and Curve Finance are also a part of the top ten protocols. Overall, DeFi protocols now have more than $3.60 billion in total value locked. Just earlier this month, the total amount locked was $2 billion and in February, it was $1 billion. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next S&P 500 Index: Stays positive 100 days pre-US elections, what’s next? – Barron’s study FX Street 3 years MakerDAO has become the first decentralized finance protocol to hit $1 billion in total value locked. The lending protocol now dominates the DeFi space with nearly 28% share. Overall, DeFi protocols now have more than $3.60 billion in total value locked. MakerDAO has become the first decentralized finance (DeFi) protocol to hit $1 billion in total locked value. This means that MakerDAO users currently have $1 billion worth of funds locked in the protocol for lending purposes. According to DeFi Pulse, the lending protocol now dominates the DeFi space with nearly 28% share. MakerDAO is followed by Compound and Synthetix,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
