The defi lending platform Aave makes up 21.86% of that value. Another defi project that has been making waves is the Yearn Finance protocol and the native token YFI. Yearn Finance essentially lets users leverage a variety of defi applications like Curve, Aave, and Compound in order to maximize yield or lending schemes.
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Total value locked in Defi jumped 85% in August, $8b in assets held
The last 30 day’s dex trade volume has increased by 142% and Uniswap is the most dominant decentralized exchange. The dex Uniswap captures 60% of the global dex trade volume which is followed by Curve (18.1%), and Balancer (8.9%) respectively.
