{"id":2392,"date":"2021-12-21T08:49:35","date_gmt":"2021-12-21T08:49:35","guid":{"rendered":"http:\/\/egrowonline.com\/?p=2392"},"modified":"2021-12-21T08:49:35","modified_gmt":"2021-12-21T08:49:35","slug":"ethereum-dominates-defi-tvl-and-curve-becomes-leading-protocol-as-2021-comes-to-a-close","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=2392","title":{"rendered":"Ethereum Dominates DeFi TVL and Curve Becomes Leading Protocol as 2021 Comes to a Close"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"bitco-below-content\" style=\"margin-top: 5px;margin-right: 5px;margin-bottom: 5px;margin-left: 5px\" id=\"bitco-2116355594\"><a target=\"_blank\" href=\"https:\/\/bitcoinke.io\/2021\/12\/ethereum-dominates-defi-tvl-curve-leading-protocol\/mailto:info@bitcoinke.io\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" alt=\"Advertise on Bitcoinke\" width=\"728\" height=\"90\" src=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/11\/Advertise-here.gif?fit=728%2C90&amp;is-pending-load=1#038;ssl=1\" srcset=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\" jetpack-lazy-image\" \/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/11\/Advertise-here.gif?fit=728%2C90&amp;ssl=1\" alt=\"Advertise on Bitcoinke\" width=\"728\" height=\"90\" \/><\/a><\/div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"640\" height=\"223\" alt=\"\" class=\"wp-image-16292 jetpack-lazy-image\" data-recalc-dims=\"1\" srcset=\"https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?w=1006&amp;ssl=1 1006w, https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?resize=300%2C105&amp;ssl=1 300w, https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?resize=768%2C268&amp;ssl=1 768w, https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?resize=696%2C243&amp;ssl=1 696w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?resize=640%2C223&amp;is-pending-load=1#038;ssl=1\" \/><img decoding=\"async\" loading=\"lazy\" width=\"640\" height=\"223\" src=\"https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?resize=640%2C223&amp;ssl=1\" alt=\"\" class=\"wp-image-16292\" srcset=\"https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?w=1006&amp;ssl=1 1006w, https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?resize=300%2C105&amp;ssl=1 300w, https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?resize=768%2C268&amp;ssl=1 768w, https:\/\/i1.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/TVL-on-DeFi.jpg?resize=696%2C243&amp;ssl=1 696w\" data-recalc-dims=\"1\" \/><\/figure>\n<p>The total value locked on DeFi protocols as of December 20, 2021 stands at over $240 billion \u2013 a decline from $261.32 billion in December 2021 alone.<\/p>\n<p>According to the latest stat<a target=\"_blank\" href=\"https:\/\/defillama.com\/\" data-type=\"URL\" data-id=\"https:\/\/defillama.com\/\" rel=\"noreferrer noopener\">s<\/a>, the Curve lending protocol leads with 9.19% of all that value, with a TVL of $21.54 bilion.<\/p>\n<p>Compared to 7 days ago, Curve\u2019s TVL has increased by 0.86% while the value has decreased by -1.80 over the last 24 hours.<\/p>\n<p>The top 5 protocols in TVL have not changed apart from InstaDapp which has taken 5th spot as wBTC network has continued to shed falling by 2.71% in the last 24 hours alone. <\/p>\n<p>___________________________________________________________________<\/p>\n<p><strong>SEE ALSO<\/strong>:\u00a0<a target=\"_blank\" href=\"https:\/\/bitcoinke.io\/2021\/10\/ethereum-hits-all-time-high\/\" data-type=\"URL\" data-id=\"https:\/\/bitcoinke.io\/2021\/10\/ethereum-hits-all-time-high\/\" rel=\"noreferrer noopener\">Ethereum Hits All-Time High Gaining Over 140% in Just 3 Months<\/a><\/p>\n<p>___________________________________________________________________<\/p>\n<p>Below are the leading DeFi protocols as 2021 comes to a close:<\/p>\n<ul>\n<li>Curve \u2013 Over $21B<\/li>\n<li>MakerDAO \u2013 Over $17B<\/li>\n<li>Convex Finance \u2013 Over $16B<\/li>\n<li>Aave \u2013 Over $13B<\/li>\n<li>InstaDapp \u2013 Over $12B<\/li>\n<li>wBTC \u2013 Over $11B<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"640\" height=\"744\" alt=\"\" class=\"wp-image-16279 jetpack-lazy-image\" data-recalc-dims=\"1\" srcset=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image-1822258367-1640005019160.jpg?w=675&amp;ssl=1 675w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image-1822258367-1640005019160.jpg?resize=258%2C300&amp;ssl=1 258w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image-1822258367-1640005019160.jpg?resize=361%2C420&amp;ssl=1 361w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image-1822258367-1640005019160.jpg?resize=640%2C744&amp;is-pending-load=1#038;ssl=1\" \/><img decoding=\"async\" loading=\"lazy\" width=\"640\" height=\"744\" src=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image-1822258367-1640005019160.jpg?resize=640%2C744&amp;ssl=1\" alt=\"\" class=\"wp-image-16279\" srcset=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image-1822258367-1640005019160.jpg?w=675&amp;ssl=1 675w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image-1822258367-1640005019160.jpg?resize=258%2C300&amp;ssl=1 258w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image-1822258367-1640005019160.jpg?resize=361%2C420&amp;ssl=1 361w\" data-recalc-dims=\"1\" \/><\/figure>\n<p>Ethereum remains by far the leader when it comes to where the DeFi action is taking place, responsible for 62.80% of all value locked in DeFi \u2013 about $147.19 billion.<\/p>\n<p>This value is held in 361 protocols. <\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"473\" height=\"470\" alt=\"\" class=\"wp-image-16281 jetpack-lazy-image\" data-recalc-dims=\"1\" srcset=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?w=473&amp;ssl=1 473w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?resize=300%2C298&amp;ssl=1 300w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?resize=423%2C420&amp;ssl=1 423w\" data-lazy-sizes=\"(max-width: 473px) 100vw, 473px\" src=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?resize=473%2C470&amp;is-pending-load=1#038;ssl=1\" \/><img decoding=\"async\" loading=\"lazy\" width=\"473\" height=\"470\" src=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?resize=473%2C470&amp;ssl=1\" alt=\"\" class=\"wp-image-16281\" srcset=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?w=473&amp;ssl=1 473w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?resize=300%2C298&amp;ssl=1 300w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/12\/image_editor_output_image2059974816-1640007350970.jpg?resize=423%2C420&amp;ssl=1 423w\" data-recalc-dims=\"1\" \/><figcaption><em>Top Blockchains on DeFi activity<\/em><\/figcaption><\/figure>\n<p>Still, Ethereum\u2019s hold in DeFi has continued to decline thanks to new ecosystems that have continued to attract DeFi players. <\/p>\n<p>The Terra ecosystem catches the eye, with a 34% climb in activity in the last seven days, to hit $17.12 billion in TVL with just 13 protocols. <\/p>\n<p>Rounding off the top 5 DeFi ecosystems are BSC, Avalanche and Solana.<\/p>\n<p>___________________________________________________________________<\/p>\n<p><strong>RECOMMENDED READING<\/strong>:\u00a0<a target=\"_blank\" href=\"https:\/\/bitcoinke.io\/2021\/10\/q3-2021-dappradar-report\/\" data-type=\"URL\" data-id=\"https:\/\/bitcoinke.io\/2021\/10\/q3-2021-dappradar-report\/\" rel=\"noreferrer noopener\">The NFT Space Grew Over 700% While DeFi TVL Rose Over 50% in Q3 2021, Reveals Latest DappRadar Report<\/a><\/p>\n<p>___________________________________________________________________<\/p>\n<p>Thank you for your support by helping us create content:<\/p>\n<p><strong>BTC address<\/strong><em>: 3CW75kjLYu7WpELdaqTv722vbobUswVtxT<\/em><\/p>\n<p>____________________________________________________________________<\/p>\n<p><em>Follow us on\u00a0<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/BitcoinKE\">Twitter<\/a>\u00a0for latest posts and updates<\/em><\/p>\n<p><em>Join and interact with our\u00a0<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/bitcoinKE\">Telegram community<\/a><\/em><\/p>\n<p>_____________________<\/p>\n<p>Subscribe to the channel below to keep updated on latest news on video:<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"Risks and Growth of Cryptocurrencies in Africa\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/bpFcOr8oZcU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/figure>\n<p>____________________________________________________________________<\/p>\n<div class=\"bitco-after-content\" style=\"margin-top: 5px;margin-right: 5px;margin-bottom: 5px;margin-left: 5px\" id=\"bitco-1993871488\"><a target=\"_blank\" href=\"https:\/\/bitcoinke.io\/2021\/12\/ethereum-dominates-defi-tvl-curve-leading-protocol\/mailto:info@bitcoinke.io\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" alt=\"Advertise on Bitcoinke\" width=\"728\" height=\"90\" src=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/11\/Advertise-here.gif?fit=728%2C90&amp;is-pending-load=1#038;ssl=1\" srcset=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\" jetpack-lazy-image\" \/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/i0.wp.com\/bitcoinke.io\/wp-content\/uploads\/2021\/11\/Advertise-here.gif?fit=728%2C90&amp;ssl=1\" alt=\"Advertise on Bitcoinke\" width=\"728\" height=\"90\" \/><\/a><\/div>\n<p><!-- AI CONTENT END 1 -->\n        <\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinke.io\/2021\/12\/ethereum-dominates-defi-tvl-curve-leading-protocol\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total value locked on DeFi protocols as of December 20, 2021 stands at over $240 billion \u2013 a decline from $261.32 billion in December 2021 alone. According to the latest stats, the Curve lending protocol leads with 9.19% of all that value, with a TVL of $21.54 bilion. Compared to 7 days ago, Curve\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[752,2223,172,1397,158,1813,1233,2222],"class_list":["post-2392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-close","tag-curve","tag-defi","tag-dominates","tag-ethereum","tag-leading","tag-protocol","tag-tvl"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2021\/12\/DeFi-Activity.jpeg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2392"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2392\/revisions"}],"predecessor-version":[{"id":2394,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2392\/revisions\/2394"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/2393"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2392"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}