More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols – Defi Bitcoin News

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The top five blockchains in DeFi currently command more than 82% of the $198 billion TVL in defi today.

or 54.59% of the value locked in defi protocols. On March 14, the top decentralized exchange platform tied to Ethereum is Curve Finance, with its $17.72 billion in TVL. Ethereum’s top collateralized debt position application is Makerdao, which is just under Curve as the second-largest TVL in defi today.

Currently, there is no CDP application for Terra but the blockchain’s largest lending application is Anchor with $13.03 billion total value locked. The defi lending protocol Anchor has seen a 63.23% TVL increase during the last 30 days.) is the third-largest blockchain today in terms of defi TVL with $11.73 billion or 5.9% of the aggregate held in defi. The top dex on BSC is Pancakeswap, and the largest CDP application is the Mars Ecosystem.

In terms of yield, the protocol Yield Yak is the leader on Avalanche, and Benqi holds the top liquid staking position. Like Ethereum, Aave is the biggest lending protocol on Avalanche at the time of writing.is the fifth-largest defi blockchain in mid-March 2022 with a $6.69 billion TVL or 3.37% of the aggregate held in defi today. Solana’s top dex is Serum and the blockchain’s CDP leader is Parrot Protocol.

 

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