The Aave protocol beats Maker and Compound to become #1 in DeFi rankings
The Aave protocol beats Maker and Compound to become #1 in DeFi rankings

The statistics for total value locked, or TVL, in decentralized finance are being rocked by Aave (LEND), a lending protocol that has now taken MakerDAO’s mantle as the most popular destination for Ethereum-based assets.

According to data from DeFi Pulse, Aave holds $1.44 billion in assets as of press time, slightly edging out Maker’s $1.42 billion. Previous front-runner for the top spot Compound has fallen to fifth place, overtaken by yEarn and Curve.

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(Excerpt) Read more Here | 2020-08-25 10:20:00
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